Summary of this article: We talk about the history of currencies similar to bitcoin, which were all flops eventually, but in some cases lasted almost 20 years before dying. We also explain why bitcoin has never been used as a medium of exchange, not even once, despite the existence of mtgox and all the other … Continue reading Bitcoin and the Numbers Game, Part 2, in Which we Shew that Bitcoin has Never, Not even Once, been used as a Medium of Exchange.
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