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Juan V
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Is Bitcoin Legal? Illegal? a Currency? a Commodity? - Mish - Global Economic Analysis

Bitcoin.... maybe... a simple big big big Ponzi, too big to be understood ! There is no collateral ! No authority to legitimate the intrinsic value ! Only people to buy and to sell a fictive number. Il works as long as there is more stupid buyers than sellers ! It works until now only because it is a washing machine for big big big buyers... but trees doesn't grow to the sky ! Don't be so stupid !

Commented 3870 days ago

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Beginning of the headline :Regulators in various countries are grappling with bitcoin. What the hell is it? It's a good question and answers vary widely. Bloomberg reports Japan Says Bitcoin Not Currency Amid Calls for Regulation. Japan’s government said Bitcoin isn’t a currency amid calls for its regulation a week after the bankruptcy of Mt. Gox, the Tokyo-based exchange that was once the world’s biggest. There is no law to define Bitcoin and relevant ministries are gathering information on it, Prime Minister Shinzo... Read More

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