The first famous bitcoin transaction saw the exchange of 10,000 BTC for 2 pizzas. Today that would be worth 900,000+ USD. Bitcoin value seems to be based on pure demand unless there's someone out there hoarding publicly released bitcoins (not all mined bitcoins have been exchanged for fiat) only to dump them later
I am somewhat biased towards bitcoins success.
Think bitcoin as virtual silver.
Virtual silver can always have physical representation eg: printed bitcoin cards.
All paper printed money can't be seen as virtual silver becoz they don't have upper printing limit!
So bitcoin is a win in my opinion....
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