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Why I’m A Crypto Skeptic

NYTimes
"“Cryptocurrencies… Their value depends entirely on self-fulfilling expectations — which means that total collapse is a real possibility. If speculators were to have a collective moment of doubt, suddenly fearing that Bitcoins were worthless, well, Bitcoins would become worthless.”"
BTC price when published:
$7,726.89
Current BTC price:
$84,322.18
Price change:
+991.28%