Reply to post: Re: May I ask...

Yank my blockchain: Bitcoin upgrade SNAFU borks hungry miners' currency

Nigel 11

Re: May I ask...

There is definitely something worthwhile in Bitcoin given the investment that is still being put towards blockchain R&D.

Always bear in mind that currency has two purposes: a store of value and a medium of exchange. Those who seek to make a fortune using bitcoin as a store of value, risk losing a fortune. It's more fragile than electronic pounds sterling or dollars, and *much* more fragile than gold.

But as a medium of exchange, it may have a lot going for it. Coin, Banknotes, Cheques, Visa, Paypal ... Bitcoin?

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