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The SEC Shows Why Bitcoin Is Doomed

Bloomberg View
"All of which is to say that doing anything legally with bitcoins — and especially converting them into fiat currencies — is going to get harder and more expensive as governments involve themselves. So hard and so expensive, I’d argue, that any advantages the crypto-currency may have over normal means of exchange, like credit cards, will soon disappear."
BTC price when published:
$94.78
Current BTC price:
$84,215.82
Price change:
+88754.00%