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Comment by keithnoizu

You're assuming BTC will appreciate in value. There is no guarantee it will eventually become worth millions of US or equivalent dollars.

Even with a fixed qty; uncovered exploits, technological breakthroughs, change in crypto trends (aka a move to another platform), or change in society could halt an increase of value.

Technically the same is true of gold. Even with out a massive change in qty, something as simple as a better gold like alloy for jewelry, an alternative for electronics, or a sudden cultural aversion to gold ownership could reduce the value.

parent keithnoizu 8 years ago

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