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RE: Bitcoin, Gold and "You Got What You Wanted, Happy?"

in #bitcoin6 years ago

I think bitcoin will fade to near non existence as the difficulty increases to a point where it will not be profitable to mine and transactions with be to expensive and take days or weeks to process. It's either that or every connected device in the world is going to have to be an active node connected to the bitcoin network at all times. And I'm imagining each of those devices will have to have at minimum a terabyte of storage capacity just to remain in sync with the network.

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