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Well, in the tradition of ponzi schemes, bitcoin does make thousands to millions of money (depending on the currency) for some individuals almost overnight. Some people does not take kindly to others who made their wealth without too much work. But that's just life is what I say. You have to be smart with your money and don't be too envious of others.
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From my perspective, I believe people who are selling right now and spreading FUD just don't want other people to benefit if they are wrong on their own decision. They could also be really trying to get the rpice to go down just so they can buy back on the all time low.
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While I do agree that crypto is our future, especially the blockchain technology, I have to disagree with your opinion on the banks. They form a strong foundation in a country's financial economy and without them it will be total chaos on handling the financial system. They are not perfect and they may not hold the public's financial health in mind (which they should be since without the public they are nothing) but they are a necessary evil in order for us to function.
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Bitcoin will remain to be the "mascot" of cryptocurrency. It's already established and with good history. Lots of tokens and coins will come along the cryptoworld but the global popularity of bitcoin, may it be good or bad, preceeds it and will always be the #1 face of cryptocurrency. Therefor I believe it will remain on top because of this.
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#PROOF OF AUTHENTICATION
For Signature bounty
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