is bitcoin money

Is $100,000 Bitcoin Possible?

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Sure; $100,000 Bitcoin is possible; but is it realistic? Is a potential gain of sixty-six percent worth the risk of losing a similar amount or more?

VIDEO GAMES AND BITCOIN 

After spending the better part of a day at the game arcade with two of my sons and a couple of my grandchildren, and amidst all the ringing bells and flashing lights, I found time for some brief reflection.

There seemed to be a huge disparity between the reflected scores and the accomplishments of the various participants.

For example, why is 200 points a “good” score in one game and 1000 points a “bad” score in another game?

We could ask similar questions, I suppose, about the scoring variations in organized sports, too.

Then, I thought about Bitcoin. What makes investors think Bitcoin is worth $60,000? And why is its price so much higher than other cryptocurrencies?

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Is Bitcoin Money? Does It Have Value?

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IS BITCOIN MONEY?

Writing about Bitcoin is a challenge for several reasons. It has a short history (ten years), it is highly complex, and there is a certain vagueness to the logic behind the concept. When reading about it, or listening to explanations, I wonder whether or not I understand it adequately. I also wonder how many others do.

Much has already been written and discussed, such that further commentary might be superfluous. But some additional perspective likely won’t hurt. So, for those who asked…

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