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RE: Wolf Of Wall Street Unconvinced Of Bitcoin's Future

in #bitcoin6 years ago

He has been saying this for a long time now. He always points to "kids" as investors yet fails to realise the large organisations that are a) already invested and b) are waiting for custody solutions before investing.

Oh well it's been 10 years now, quite the "scam" huh?

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Hi @rhyscn, yes agreed the size of Bitcoin is beyond control of a single government system. Lessons were learnt from the first digital E-gold: https://en.wikipedia.org/wiki/E-gold, where hacking and fraud was an issue. Then came the US Patriot Act that helped reduce money laundering and anonymous identity trading. The US government eventually shut down e-gold. Bitcoin is in a much evolved state.

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