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RE: The fallacy of bitcoin scarcity explained
Now they all run after the btc as mad, but BTC has no real coverage because it is a virtual coin, gold is a non - metal that is very rare and can be used for jewelry, the best electric conductor, etc.
BTC, in my opinion, is a big trick that will work for a while after it falls!
BTC is useful, but almost any other digital currency is more useful. So why would anyone expect that bitcoin stays high in the long term?