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Bitcoin is based on a general platform that is largely unassailable through any currently existing means and not specific to financial concerns. It is more a system of management that works well in a monetary function. That management is the key difference, otherwise it operates no differently than existing...
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I've been reading the comments in this thread and am appalled by the level of ignorance and arrogance by anyone too scared to accept that a non-commodity backed currency could ever work. You all seem to forget that the sole purpose for money is to facilite exchange. One of the main reasosn you'd...