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I was wrong

Bitcoin Reddit

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  • I thought it was a currency
  • I thought it was a ponzi scheme
  • I thought it was a scam
  • I thought it was a medium of exchange for criminals

Bitcoin solves every problem that currency, real estate, bonds, and equity create.

  • Just because I have a dollar in my hand, doesn't mean I own it. The government does. The banks do.
  • Just because I live in a house with my name on the deed, it doesn't mean I own it. The bank does. The local government does.
  • Just because I bought a bond, it doesn't mean I own it. The company can just buy it back or default on it.
  • Just because I bought a share in a company, what do I own? Hope that a company can execute it's objectives perfectly. Hope that regulatory bodies don't impede its growth. Hope the public doesn't switch over to a new product

How else am I wrong?

submitted by /u/AfraidToDie3445
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