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

Last updated on January 28th, 2016 at 04:26 pm

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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Jordan Tuwiner

Writer at 99 Bitcoins
Jordan is a Bitcoin proponent, hoarder, and the founder of Buy Bitcoin Worldwide. He's excited to see benefits sound money will bring to society.

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