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Seeking Alpha 2021-09-22 20:19:40

Bitcoin: Why It Will Never Be A Large-Scale Global Currency

Bitcoin has seen extreme growth and volatility over the last 6 months, and a lot of people think it is the "currency of the future."The model of Bitcoin has inherent flaws that make it unsuitable as a replacement for USD and other national currencies.The deflationary nature of the coin would completely change the economy in several undesirable ways.Bitcoin is better suited as an asset rather than a currency.

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