“Why Bitcoin Is Doomed as a Currency” – Fool.com | $821.39

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The part where you run in to trouble is getting governments to accept tax revenue as Bitcoin, because it undermines the national currency, making monetary policy irrelevant. And why would a country do that exactly? Why would they surrender the ability to heal their economy? Sorry to all the believers, but it’s a Libertarian pipe dream that makes absolutely no sense.

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