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Where Did Bitcoin Go Wrong?

CNN
"Bitcoin is not [the future]. It is a step along the way and will eventually disintegrate. . . . As a currency [Bitcoin] is almost negligible against anything. It can’t stand toe-to-toe with the Cuban Peso. . . . With Bitcoin the pretend currency, what you see is not what you get."
BTC price when published:
$333.38
Current BTC price:
$86,681.69
Price change:
+25900.87%