I got a kick out ot this Bloomberg article quote
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[quote]“Outside of libertarian circles, it has become conventional wisdom that it is both natural and desirable for governments to monopolize the production and quantity of currency.” [/quote]
[url=http://www.bloomberg.com/news/2013-12-31/bitcoin-is-a-high-tech-dinosaur-soon-to-be-extinct.html]http://www.bloomberg.com/news/2013-12-31/bitcoin-is-a-high-tech-dinosaur-soon-to-be-extinct.html[/url]
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Nice one.
Seems a flimsy argument that:
because all these other currencies ran successfully for long periods of time and Bitcoin is a currency, so Bitcoin will fail?
