Bitcoin market value history

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Bitcoin is still in its infancy, and it has been designed with a very long-term view; it is hard to imagine how it could be less biased towards early adopters, and today's users may or may not be the early adopters of tomorrow. In this regard, Bitcoin is no different than any other tool or resource and can be subjected to different regulations bitcoin market value history each country. This process involves that individuals are rewarded bitcoin market value history the network for their services. Therefore even the most determined buyer could not buy all the bitcoins in existence.

Bitcoin is as virtual as the credit cards and online banking networks people use everyday. From a user perspective, Bitcoin is pretty much like cash for the Internet. Could users collude against Bitcoin?

When a user loses his wallet, it has the effect of bitcoin market value history money out of circulation. Therefore, all users and developers have a strong incentive to protect this consensus. The deflationary spiral theory says that if prices are expected to fall, people will move purchases into the future in order to benefit from the lower prices. Is Bitcoin a Ponzi scheme?

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