Minor Miner
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Need Loan?- https://bitcointalk.org/?topic=5561353
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Today at 03:46:30 AM |
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Not my opinion but let me quote what satoshi has said about back then. I'm sure that in 20 years there will either be very large transaction volume or no volume.
So, 16 years has come and we'll have to wait for the remaining ones after telling that but, we can have an idea that he's very right about it that there are now very large transactions. And my personal opinion for the next 20 years, it's gonna be one of the most sought after asset that people have regret not taking it earlier when they can. I'll leave the price in your mind, maybe a million. Yes I couldn't agree more, it will cointinutally make people upset for not buying sooner. It will always be in a place where people think its the top but in reality its very close to the bottom because it has soooo much room to grow. In 20 years time it could even be tens of millions of dollars depending on what we see here in these next few decades. Its exciting! I agree that there will still be many people who continue to regret refusing to invest in bitcoin. That will always happen because it is human nature to be afraid and express regret when things become clear. That has happened many time throughout four market cycles and it will continue to happen in the future With growing demand and finite supply, Bitcoin will definitely increase in the next 20 years and that is inevitable. But we should be realistic, everything has its limit and bitcoin is no exception. I think the expectation of bitcoin rising to tens of millions of dollars per bitcoin in the next 20 years is exaggerated. In the next 20 years, if bitcoin can reach 1-1,5 million USD, it will be a resounding success.
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Hanadawa
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Today at 03:53:02 AM |
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With growing demand and finite supply, Bitcoin will definitely increase in the next 20 years and that is inevitable. But we should be realistic, everything has its limit and bitcoin is no exception. I think the expectation of bitcoin rising to tens of millions of dollars per bitcoin in the next 20 years is exaggerated. In the next 20 years, if bitcoin can reach 1-1,5 million USD, it will be a resounding success.
I also believe that $1 million is the most realistic figure Bitcoin could achieve. Since its initial launch, Bitcoin's value has risen by millions of percent, and that's an undeniable fact. However, as Bitcoin's value has grown, its value has also declined. Looking at it year-over-year, Bitcoin still has the potential to rise by up to 100% annually, but I believe that once Bitcoin reaches $500,000, the annual increase will be less than 50%. I respect those who believe Bitcoin will reach tens of millions of dollars in the future, but so far, I think $1 million is a very feasible achievement.
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Oshio-man
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Be patient with your future.
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Today at 04:00:52 AM |
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How do you see Bitcoin in 20 years? -price? -utility? -Market cap -government -poeple
Bitcoiners have experienced a great improvement from bitcoin and you can see that over some months, the price of bitcoin cannot decrease below $90k, flashing back how many years bitcoin reached to break into all time high (ATH) in the market, you will know that in twenty years to come bitcoin will touch $500k because bitcoin is still attracting different institutions to invest in bitcoin and be part of the institution and individuals that will benefit from bitcoin, I have this confidence that many government will make bitcoin legal in their countries because bitcoin is good for the youths to have knowledge, how to use it to earn income, and it will bring development to the country that make it legal.
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Rubuchi
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Today at 06:53:05 AM |
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There's a possibility that it will rise to 500k to 1m in the next 10-20 years. Just like before, many people didn't even think that Bitcoin will reach 100k but It did happen. I think many government will take interest in Bitcoin especially those who banned the use of Bitcoin and the market cap I think will surpassed gold or maybe the same as gold. For it's utility, I think many shops will now accept Bitcoin as other mode of payment. I think more people will invest in bitcoin but as we all know that only time will tell.
Everybody will see BTC for what it truly is - an alternative to be used, not to be only hoarded, on all the levels we can imagine - reserves, locally, and in between. I hope this will be the case, of course, nothing is certain with such time frames. I am guaranteed that one day bitcoin will become a strong digital currency which will operate side by side with the fiat as an alternative currency people will use for their daily transactions. Unlike it is currently used as a means of storage, bitcoin will later be used for transactions in the future when it gains more ground in the wallets of many people and becomes less volatile. People will start by using it to make payments of utility bills, airtime and data subscriptions, school fees and mode of payment for many fintech and social networking platforms, then will gradually become more generally accepted for online and physical payments as time goes on but the only factor I think can contribute immensely to the achievement of this kind of advancement is only when it volatility rate is low many running in decimal points, then it can be used for day to day transactions
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BALIK
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Bitz.io Best Bitcoin and Crypto Casino
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Today at 10:55:53 AM |
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I am guaranteed that one day bitcoin will become a strong digital currency which will operate side by side with the fiat as an alternative currency people will use for their daily transactions. Unlike it is currently used as a means of storage, bitcoin will later be used for transactions in the future when it gains more ground in the wallets of many people and becomes less volatile. People will start by using it to make payments of utility bills, airtime and data subscriptions, school fees and mode of payment for many fintech and social networking platforms, then will gradually become more generally accepted for online and physical payments as time goes on but the only factor I think can contribute immensely to the achievement of this kind of advancement is only when it volatility rate is low many running in decimal points, then it can be used for day to day transactions
Bitcoin has already been a strong digital currency. However, the goal is for it to become an alternative currency and be used alongside fiat currency for everyday payment. Honestly, Im very skeptical about that. Even if bitcoin becomes more stable, cheaper, and faster, there's no guarantee it will become a legitimate alternative currency. In my opinion, the main barrier preventing the use of Bitcoin as a legitimate currency is the government. The other reason are only secondary. They will not accept a currency that they do not control.
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FortuneFollower
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Activity: 588
Merit: 22
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Today at 10:58:00 AM |
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I am guaranteed that one day bitcoin will become a strong digital currency which will operate side by side with the fiat as an alternative currency people will use for their daily transactions. Unlike it is currently used as a means of storage, bitcoin will later be used for transactions in the future when it gains more ground in the wallets of many people and becomes less volatile. People will start by using it to make payments of utility bills, airtime and data subscriptions, school fees and mode of payment for many fintech and social networking platforms, then will gradually become more generally accepted for online and physical payments as time goes on but the only factor I think can contribute immensely to the achievement of this kind of advancement is only when it volatility rate is low many running in decimal points, then it can be used for day to day transactions
Bitcoin has already been a strong digital currency. However, the goal is for it to become an alternative currency and be used alongside fiat currency for everyday payment. Honestly, Im very skeptical about that. Even if bitcoin becomes more stable, cheaper, and faster, there's no guarantee it will become a legitimate alternative currency. In my opinion, the main barrier preventing the use of Bitcoin as a legitimate currency is the government. The other reason are only secondary. They will not accept a currency that they do not control. That's why they will give BTC space to be used, but only through their own hands, so to speak - through banks, affiliated firms to said banks, and so on.
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Stormisover
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Today at 01:46:31 PM |
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I am guaranteed that one day bitcoin will become a strong digital currency which will operate side by side with the fiat as an alternative currency people will use for their daily transactions. Unlike it is currently used as a means of storage, bitcoin will later be used for transactions in the future when it gains more ground in the wallets of many people and becomes less volatile. People will start by using it to make payments of utility bills, airtime and data subscriptions, school fees and mode of payment for many fintech and social networking platforms, then will gradually become more generally accepted for online and physical payments as time goes on but the only factor I think can contribute immensely to the achievement of this kind of advancement is only when it volatility rate is low many running in decimal points, then it can be used for day to day transactions
Bitcoin has already been a strong digital currency. However, the goal is for it to become an alternative currency and be used alongside fiat currency for everyday payment. Honestly, Im very skeptical about that. Even if bitcoin becomes more stable, cheaper, and faster, there's no guarantee it will become a legitimate alternative currency. In my opinion, the main barrier preventing the use of Bitcoin as a legitimate currency is the government. The other reason are only secondary. They will not accept a currency that they do not control. The goal of bitcoin being an alternative currency to fiat is already achieved because alot of people are already making use of it for payments of goods and services, what do you mean by bitcoin not having a guarantee of becoming a legitimate alternative currency? Are you saying that bitcoin is illegitimate? If not for some countries that are being skeptical about accepting Bitcoin as their ledger tender some other countries are already doing that and of course it is legitimate to those countries that has accepted it, don't generalize bitcoin not being a legitimate alternative currency when it is in some part of the world.
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Localhostspeed
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Today at 02:04:16 PM |
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Bitcoin has already been a strong digital currency. However, the goal is for it to become an alternative currency and be used alongside fiat currency for everyday payment. Honestly, Im very skeptical about that. Even if bitcoin becomes more stable, cheaper, and faster, there's no guarantee it will become a legitimate alternative currency.
In my opinion, the main barrier preventing the use of Bitcoin as a legitimate currency is the government. The other reason are only secondary. They will not accept a currency that they do not control.
I don't believe when they say Bitcoin is alternative to other currency. Bitcoin is actually a currency that is stand alone and doesn't have to be an alternate to others. It's created because other currency has failed to do their job better and it's here to stand alone. Bitcoin can stand alone without the support of the fiats system but I don't think fiat can stand alone without the government doing everything to make it work, they are the reason why fiat still relevant till now. Look at what is happening in Iran, their currency is down and almost dead if not dead already, if that was Bitcoin I bet you the media will not allow us to rest with the happenings and the protest. Bitcoin don't lose value and doesn't depreciate but other asset does that, Bitcoin is even a practical asset that started from believe of the people, if only government had it before other has it, I'm sure they are going to weaponize it into the financial system where it works only for them and not for everyone.
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Olatundespo
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Today at 02:42:22 PM |
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How do you see Bitcoin in 20 years? -price? -utility? -Market cap -government -poeple
The progress that Bitcoin has made in the past years will surely continue in the next 20 years. We can only speculate. Many are optimistic that Bitcoin will reach $1 million, but I don't think it will. Bitcoin will probably be worth $400k-$600k in the next 20 years. The number of people who save on Bitcoin will increase several times compared to today and many countries will accept Bitcoin for goods and services. Many countries will store Bitcoin in central banks to strategically increase reserves. Bitcoin will become more widely known as a global store of value and most people in the world will consider Bitcoin accumulation more seriously than traditional assets. I would rather say even though more people will have BTC, much more of all the supply would be in the national reserves of the richest counrties there are. It will be a sign of stability, prestige, and tech triumphant, but mostly the two first things. Rich countries will strategically build up Bitcoin reserves and many countries around the world will follow suit and adopt Bitcoin. Seeing the state owned Bitcoin reserves, most of the world community will buy this asset and also holding. With the increase in demand for Bitcoin against the limited supply, the price will increase much more than expected. With the increase in holders at the individual level the flow of Bitcoin for goods and services will increase further.
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MusaPk
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Today at 02:52:58 PM |
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I also believe that $1 million is the most realistic figure Bitcoin could achieve. Since its initial launch, Bitcoin's value has risen by millions of percent, and that's an undeniable fact. However, as Bitcoin's value has grown, its value has also declined. Looking at it year-over-year, Bitcoin still has the potential to rise by up to 100% annually, but I believe that once Bitcoin reaches $500,000, the annual increase will be less than 50%. I respect those who believe Bitcoin will reach tens of millions of dollars in the future, but so far, I think $1 million is a very feasible achievement.
If we are looking for next 20 years then price of Bitcoin is very likely to make it to $1 million. We saw Bitcoin price at $126000 few months ago and now it looks almost confirm that Bitcoin will soon be at $200,000. The main reason why we can expect Bitcoin to make it to $1 million is because it's adoption is getting higher while it's supply is increasing in controlled manner. Now apart from individuals, the big institutes are also investing money in Bitcoin and that trend will increase in future, which will result in increase in Bitcoin price. It looks ideal to invest in Bitcoin for next 20 years to get ideal return.
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Ziskinberg
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Today at 02:54:26 PM |
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Honestly, everything is still uncertain. But looking at the present status of bitcoin, I guess bitcoin 20 years from now will bring a lot of positive changes and high productivity.
I am seeing bitcoin price will probably be at its $500k-$1m or even higher than that. And people will not see it just an investment tool but most likely global adoption may have granted by that time, leaving the people free to use bitcoin as a currency like fiat. And since global adoption has been approved, we can expect that the government has become widely open about bitcoin especially if the demand for it continues to grow inevitably.
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Cgrexp
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Today at 02:54:44 PM |
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It is difficult to say in terms of specific numbers how much Bitcoin will be worth 20 years from now, but I think its value can be much larger and more stable than it is now. However, it cannot be said for sure whether the government of each country will accept Bitcoin or not. However, by then, Bitcoin will be established as a known and planned financial option in the eyes of every person and will not be the risky new technology that some people currently have about Bitcoin. When I was 18 years old, I heard the name of Bitcoin and gradually learned everything about Bitcoin, but it will not take 18 years for the new generation of children to learn about Bitcoin, but they will be familiar with the name of Bitcoin from childhood.
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sunsilk
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Today at 04:39:31 PM |
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~snip~
Yes I couldn't agree more, it will cointinutally make people upset for not buying sooner. It will always be in a place where people think its the top but in reality its very close to the bottom because it has soooo much room to grow. In 20 years time it could even be tens of millions of dollars depending on what we see here in these next few decades. Its exciting! And let's hope that we're still holding even a few of it when that time comes. A million or tens of it, that's one of the dreams that we'll ever have while holding. Those who are not seeing the long term good impact of Bitcoin needs to reflect on themselves and what plans they have in the future. It's already proven to be one of the most profitable assets ever and if they don't make a decision, they'll regret it in a life time.
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uchegod-21
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Today at 05:44:37 PM |
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How do you see Bitcoin in 20 years? -price? -utility? -Market cap -government -poeple
price: We have to he honest to ourselves, it is impossible to predict an actual price for bitcoin in the next 20 years. But what I can be certain of is that the price of bitcoin will appreciate greatly. utility?: In terms of utility, bitcoin will keep being a very good store of value that it already is. Then, we might witness more daily usage, judging from the poor performance of fiat and the possibility of bitcoin more stable by that time. government: We can see already that the government is no longer strict as they used to be in the past. Bitcoin will get more acceptance from the government, however, they'll still try to force themselves in through regulations. people: More adoption, more sound knowledge about bitcoin; not the get rich quick mindset alot of persons have about bitcoin. The mindset about bitcoin in the next 20 years will change for good.
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Fiasem20
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Today at 07:08:20 PM |
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How do you see Bitcoin in 20 years? -price? -utility? -Market cap -government -poeple
In the next 10 years, I think Bitcoin might be above $500,000, and in the next 20 years, I think it will be at $1 million or even more. I am sure Bitcoin utility remains the same, but I believe its use has become much broader, maybe reaching entire countries, or even rural areas. Bitcoin market cap might be approaching that of gold, or stable above that of silver. Regarding government, I am sure governments will increasingly encourage adoption or increase their Bitcoin holdings, but who knows, the cycle of changing governments might change that. Regarding people, I am very confident that people will be familiar with Bitcoin someday, and I am sure all generations, including the new generation, already consider Bitcoin to be very valuable for that time. I am more excited about the government and people side compared to the price. Because what I am really excited about is that soon most countries will treat Bitcoin as a national reserve, like it will become standard for every country. I know this kinda impossible for now, but in 20 years? For sure a lot of things will change. I love it when people say positive things about bitcoin in the future.Talking about 20 years it’s still far from now because 20 years isn’t 20 days,but bitcoin can be predicted from it’s outcome it’s portraying in the world currently.The masses have been preferring bitcoin investment to be one of the best investment option in world,even countries have started using it as their strategic reserve.Personally I’m excited to watch how bitcoin has grown this far,if it were judged from it’s early stage as most people never believed it would boom in the future,only few persons gave positive reviews on it’s outcome about it’s future in it’s early stage.
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Felicity_Tide
Sr. Member
  
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Activity: 644
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cout << "Bitcoin";
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Today at 07:46:24 PM |
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How do you see Bitcoin in 20 years?
Honestly, It is difficult to tell with certainty, and moreover, we've not even hit 2 decades yet. But if we're to track back Bitcoin's performance in the last 17 years, then I think it's achievement is more than enough to be optimistic for the next 20 years. If there is anything I can point out, then it's the consistent changes, especially in price, adoption, and other aspects. A lot has changed. Far before now, a lot of people weren't buying the idea of government and institutional involvement, but at the moment, most people view on that has changed as they now believe that their involvement is needed for faster adoption. We've seen price climb as well. What I'm personally confident of is that a few things will definitely change In the next 20 years. That's about 5 halvings away from now. There should be some changes in price, market cycle, adoption and so many other things. I cannot 100% guarantee how they would turn out, but a change is inevitable, because it's the sign of growth.
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7juju
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Today at 07:48:31 PM |
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We would never be completely sure about what bitcoin would be 20 years from now, because when you look at 20 Years from now, there is every tendency too we might not have bitcoin anymore,
Bitcoin is going to be here as long as humanity keeps existing and making use of money. Bitcoin has gone beyond that level were people were scared of what was going to become the future of it. The awareness of bitcoin was not as much as we have it today 15 years ago but today it has grown and as the years goes by the awareness will keep growing that is what will happen to bitcoin in the next twenty years and beyond. So any fear that you are entertaining that bitcoin won't be here in the next twenty years should be put to rest, as bitcoin is going nowhere.
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Faisal2202
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Today at 08:04:28 PM |
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How do you see Bitcoin in 20 years? -price? -utility? -Market cap -government -poeple
I see it in everything even at the current moment, as the price is good, and being used for utility, and has the higest marketcap and the government is adopting it and the people are loving it and they are so much invested even at the current price where many ogz are saying it might be not good to buy now but they say with some other conditions as well. Anyway, in the next 20 years I am seeing all this increased by the 5x, because there will be 5 halvings and i am sure everything will be increased more than 5x as it is the base prediction.
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DiMarxist
Sr. Member
  
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Activity: 896
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Bet25.com - Smart Crypto Casino
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Today at 09:51:56 PM |
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How do you see Bitcoin in 20 years? -price? -utility? -Market cap -government -poeple
In terms of price in the next twenty years the price of Bitcoin will be unexpectedly high because Bitcoin is one asset has continued to show a steady growth ever since it's inception.Bitcoin will become more expensive because the demand on Bitcoin will be much higher than today because more people is going to come into Bitcoin as they will realize he truth, with the current state of things in the world inflation and high tax and unstable monetary policies will be more in the next twenty years to come and Bitcoin is an hedge against these. This will help to make the market cap to be much higher.
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DeeppRockk
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Today at 10:10:51 PM |
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Interesting points being raised about Bitcoin's long-term prospects. While it's difficult to predict exact prices or timelines, I think the optimism around Bitcoin's future adoption and stability is warranted. The technology has proven itself over the past 17 years, and as awareness and utility continue to grow, I can see Bitcoin becoming a more mainstream and trusted financial option globally.
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