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Why would anyone invest in Bitcoin, anyway? Add to ...

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The manic Bitcoin bubble is showing no signs of bursting.

In fact, the tolerance – if not outright endorsement – of the U.S. and Chinese governments is injecting fresh air into the digital currency’s value, making it seem less like a tool for illicit activity and more of a legitimate financial instrument. What remains ambiguous is whether investors have any reason to prefer it to conventional forms of currency.

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