Bitcoin problems

0.0097 bitcoin in dollars

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Bitcoin and Why Cryptocurrencies Will Fail - Wiktor Jaszczuk - TEDxYouth@2SLO
While Bitcoin has the potential to upend established dynamics of the existing financial ecosystem, it is still plagued by several problems. As it grew in popularity, Bitcoin became. The advantages that bitcoin might have will erode when fiat money becomes fully digital � There is no real value � There is no stabilizing force.

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Reasons Governments Are Wary. Government wariness about the cryptocurrency can be partly attributed to fear and partly to the lack of transparency about its ecosystem. These coins are much more suitable to be used as currencies because they only fluctuate as much, or as little, as their underlying assets. These include white papers, government data, original reporting, and interviews with industry experts. There are thousands of cryptocurrencies and bitcoin is just one of them.