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My opinion regarding bitcoin

Posted on October 30, 2013December 6, 2013 by RichInWriters

I think Bitcoin is going to get shut down eventually mainly because of fraud and money laundering. One of the reasons we have fiat currency is to minimize the effects of these things. I hate high fees too! But I think the Bitcoin we know today won’t be the same in the future if it even lasts that long. Also if it does survive the test of time more digital currencies will emerge don’t expect botcoin to have a monopoly in “money” creation!

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