Why Bitcoin’s Astonishing Price Collapse Doesn’t Matter

Coindesk Bitcoin has been smoked this year.  The digital currency is down 34%. It’s valued around ~$200. That is significantly down from its peak, which was near $1,000. If bitcoin were simply a digital currency that exploded and collapsed, that would be that. We could all move on, and act like nothing happened.  But, bitcoin is more than another fad according to venture capitalists who are …

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