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A comment on Bitcoin would be a calamity, not an economy.
It is a store of value for early adopters trying to get people to basically put money in their pocket.
The only thing people care about is its value against USD. That alone refutes the possibility of it as a currency. USD is clearly a great currency.
Blockchain has some interesting applications; for example, medical records being secured, and maybe other applications.
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It is a store of value for early adopters trying to get people to basically put money in their pocket.
The only thing people care about is its value against USD. That alone refutes the possibility of it as a currency. USD is clearly a great currency.
Blockchain has some interesting applications; for example, medical records being secured, and maybe other applications.