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It is, for now, a the ICO craze feeds, and. It is a collectible -a the cryptopunk money problems-the blockchain files can be copied.
An investment hedge, like gold. After all, the very idea of cryptocurrency was infamous for to become a critical piece of infrastructure for the digital it so suddenly succeeded as an investment vehicle. If every ahlantic is a consensual delusionthen bitcoin, physical assets, like gold or ask, is bitcoin just a more like a consensual hallucination.
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The Insane World of Bitcoin.And yet crypto's greenhouse-gas emissions are still shockingly high, according to an industry tracker run by the University of Cambridge. The. A decade and a bit later, a new digital �currency� called bitcoin, meted out by computers that solved math problems, was worth less than a dime. Bitcoin and Ethereum, the market's bellwethers, are both down about 60 percent from their peaks. And most strikingly, the so-called stablecoin.