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A comment on Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut. Parent comment

Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by JumpCrisscross on Monday December 18, 2017 @11:38AM (#15952881)
> BTC is gearing up to be the biggest financial disaster in history

Lots of value evaporating doesn't necessarily make for a disaster. It only does that when it interacts with the larger financial universe in unexpected ways. In countries where people will start missing their mortgage payments as a result of Bitcoin losses, yes, there are systemic risks. In the United States, we're still far from that point.

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Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by sillysaurus3 on Monday December 18, 2017 @12:31PM (#15953388)
Another concern is that Satoshi probably passed his coins to his heirs. Whoever they are, they could emerge a de-facto world power since they alone control ~5% of wealth.

And there's no way for society to decide that should change. They can act as evil as they want with no fear of losing their coins.

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Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by dpc_pw on Monday December 18, 2017 @02:33PM (#15954645)
"8 people owns 50% of the world."

https://www.theguardian.com/global-development/2017/jan/16/w...

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