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“Virtual Currencies are Not Money!” – Linkedin | $5,943.06

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Last updated on: 2 January 2018

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The conclusion is that the incentive to buy BitCoin or any other virtual cryptocurrency is the speculation that someone else will pay more real world currency (real purchasing power) at some time in the future. That is the essence of the Greater Fool Theory.

Eulogy made by Jeffrey Smith

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Maria Martinez

Maria Martinez is an esteemed blockchain enthusiast who has spent many years as a writer specializing in cryptocurrency and blockchain technology. With over a decade of experience navigating the complexities of this niche, Maria brings a meticulous eye for detail and an unwavering commitment to accuracy. Her background includes a degree in economics and her expertise is further solidified by her extensive research capabilities, writing experience, and her reputation for impartiality. Respected by both her peers and readers alike, Maria is dedicated to delivering reliable and trustworthy information that enhances the credibility of our content.

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