Bitcoin is going nuts

Just wait until they need to paper over a financial crisis

The total of physical US currency in circulation exceeds 1 trillion dollars. If Bitcoin is limited to 21 million units and actually does catch on as a global currency… well, it seems like a speculative investment that could have some legs.

The system seems sound for now, although, there’s always a chance that it could fail catastrophically. I do like that money is transitioning to the intangible realm of thought, that’s all it ever was.

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Now BitCoin is going phuts:

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