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RE: Donald Trump And Bitcoin

in LeoFinance4 months ago

Sure, but it's still speculative... the price is determined by demand.

With a company, if it goes bankrupt, at the very least you could sell off the assets to try and pay back investors. If the price of Bitcoin dropped dramatically, there's no way for investors to try and recover their investment. Personally I think it's unlikely, but there's technically nothing stopping the price of Bitcoin soaring or crashing, it's all up to the demand.