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It won't matter if it does unless you're speculating. (Or holding onto a non-trivial number of bitcoin for whatever reason.) Bitcoin has proved it's point, that a decentralized currency is possible, and that it can be done practically and used for real transactions.

As a proof of concept, bitcoin is a huge win for anarchists and libertarians everywhere. So in that sense, I don't think that it's original author really cares.

I think that if it does "crash" the crash will be caused by regulatory pressure, or it will live to see the end of bitcoins being issued in whole.

EDIT: In the short term, I would not be surprised if the currencies value takes a sharp drop.



Speculation aside I think it has merit. If Bitcoin crashes it seems like it could cease being used. Which would be unfortunate because Bitcoins have proven to be an excellent medium of exchange. Also I definitely agree with you about Bitcoin proving its theoretical value.




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