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| I will explain bit coin in a real world situation. I landed in Brazil two weeks ago, in that time frame they have had 6% inflation to the dollar and it has moved over 15-20% in the last year. If you have your money in Brazil real you would loose 1/6 to 1/5 of your buying power. Imagine if you are a farmer and are dealing in the millions to 100 millions of dollars. Bit coin did not gain in price over that term but stayed steady. We as Americans take a lot for granted, the rest of the world does not have stable banks, governments that dont turn over every ten years and restart the currency, and currency value can change very quickly. | |
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Bitcoin question
