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b_b · 4304 days ago · link · · parent · post: Bitcoin loses 44% of its value in one day. Dropping from over $250 to around $150
I agree that it is an interesting experiment. But value does not exist when a commodity can't be traded fro anything useful. Right now, BTC has to be traded for currency before using it, so it isn't really adding much. As (if) adoption becomes prevalent, then BTC could be quite useful. To be clear, I don't think it's a bad idea, I just think that the internet buzz is driving this thing batshit silly.