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RE: Why the huge Decline was needed/compulsory for the success of Cryptocurrency?

“Bitcoin is a very exciting development, it might lead to a world currency. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets.” - Kim Dotcom

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Yeah the prediction are that Bitcoin will become the world's single currency. It will overtake the dollar in importance as it becomes the single global currency within a decade