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Re:Bitcoin and almost every other cryptocurrency crashed har... by optimuspaul on Friday December 22, 2017 @10:12AM (#15987961)
sorry for this but you can eat gold.

Also, why does our currency need intrinsic value? It represents a debt owed and can be exchanged for things with intrinsic value. The reason dollars, yen, pounds, euros, silver, metal and gold have value is both a social and a legal contract. Cryptocurrencies may have some social contracts that give them value but they lack the legal contract. That's why I think they are doomed unless they open themselves to regulation.

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