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Daily Archives: December 15, 2017

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Is Bitcoin a Bubble or the Future?

Blog, EconomicsBy David LevingstonDecember 15, 2017Leave a comment

‘The chance of gain is by every man more or less overvalued, and the chance of loss is by most men undervalued.’ – Adam Smith, Wealth of Nations. 2017 marked the year that Bitcoin, a virtual “cryptocurrency”, exploded in value with recent prices as high as $18,000 AUD creating a whole new generation of millionaire…

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