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RE: South Korea succumbs to public pressure - will "soft land" the closure of cryptocurrency exchanges...

in #bitcoin7 years ago

Agreed.

I've kicked myself a few times for spending the BTC that I had in the early days. I would easily have tens of thousands of dollars today -- easily enough to pay off my student loan using Bitcoin -- if I had held onto those coins.

On the other hand I spent them because I believed in the currency and in the idea of cryptocurrencies in general. I spent them to buy coffee, to buy time on XBox Live, a year of VPN service, and I forget what else. Basically I spent it to show that spending BTC for goods and services was indeed valid and that the currency was a very real thing.

One of the first comments that I ever made about BTC soon after its appearance was that this was the type of currency of the future. If not BTC, I said, then it would be a coin similar to it or based on it. Cryptocurrency is the "cedits" that you see in sci-fi movies, the "money of the future" so to speak. It was an obvious evolution of money.

Boy did I ever hit the nail on the head.

Still, I sure wish that I had held onto a few of those BTC.

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