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RE: Creating value. How I developed a new understanding of Steem
Well, I agree. But it's wide acceptance would keep it alive for a while. Most people I know use Bitcoin only for cashing out their other crypto coins. Thankfully Ethereum and Steem are not threading that path
One more thing: a crash of bitcoin might drag down all the other cryptocurrencies as well. This should be nothing to worry though... On the contrary, it might be a good opportunity to buy some more of your favourite.