The bottom line is, bitcoins are worth absolutely NOTHING.  0  NADA.

 

The same thing could be said about a U.S. dollar, but the difference is that the dollar is backed by something mainly hinging on how the U.S. economy goes.  The dollar is much more stable than an unknown entity.

 

The difference is that a dollar is something that you can hold in your hand.  A bitcoin only exists online.

 

With that being said, people can choose to exchange bitcoins all they want, and some people might actually acquire something tangible from the exchange, but the fact of the matter is, bitcoins are a very stupid place to spend any money.

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