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How the Cryptocurrencies will End: Peak Bitcoin

As much as everyone likes the convenience of cryptocurrencies, and as much as people have invested in them, it seems impossible to believe that the entire technology, given its raging success so far, could collapse into nothingness. But, many other currencies all over the world, despite the protests of everyone holding them, have gone to zero because of exploding supply. Certainly, one cryptocurrency multiplying into 192 in a few years qualifies as an increase in supply.

http://shadesofthomaspaine.blogexec.com/index.php/entry/how-...

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Isn't that somewhat like saying gold coins will be worth less

because so many copper coins are being made?

"When the power of love overcomes the love of power, the world will know Peace." - Jimi Hendrix

More like gold coins will be

More like gold coins will be worth less because so many gold coins are being made.

The coins aren't different, they only have different names.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

although

it could be like saying one countries paper currency will be worthless because other countries are printing too much paper currency.
The paper currencies aren't different, they only have different names.

I use Blue Wave, but don't expect one of THEIR silly taglines.

As much as they stink, legal

As much as they stink, legal tender laws do prop up the value of fiat currencies.

Cryptocurrencies have no such luck.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417

inconceivable!

!!!

Don't feed the pandas. Ever.