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WolfpackN64 said:
Insidb said:

For stability's sake, it really could use expanded adoption. Let's keep in mind that more people in the US own BTC than the populations of 40% of the states and 60% of sovereign nations. That being said, most of those nations use USD, anyway.

Expanded adoption will only mean more people will be dragged down when the BTC bubble bursts. It's insulated against nothing.

To quote a scholar and possibe gentleman: even "our current currencies are free floating (so it's only backed by our trust)."