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in my opinion, the inflated/perceived value of 'bitcoins' is evidence of how a medium of exchange, absent the manipulation of the modern "money changers", compares with other media of exchange that are being manipulated; the "U.S. dollar"
silver at $20/oz spot???
gold at $1250/oz spot???
REALLY???
if the modern "money changers" lost the control of manipulation regarding just these two commodities, each would be many times higher in value at this time compared to the "U.S. dollar"
'bitcoin' is a private medium whereby the hands of the modern "money changers" are absent control; hence the true indication of its perceived value in the market against the true devaluation of the "U.S. dollar" in the market is clear
all that being said, I still would not engage, or trust, in 'bitcoin' either
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