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Draper did not expose exactly how much he manufactured with the bitcoins, which were seized from the drug lord Ross Ulbricht, but the market price at the time was all over $600.
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The dearth of any central authority makes bitcoin remarkably resilient to censorship, corruption – or regulation. Which means it's got attracted A variety of backers, from libertarian monetarists who delight in the idea of a currency with no inflation and no central lender, to drug sellers who like The reality that it is hard (although not extremely hard) to trace a bitcoin transaction back again to some Actual physical individual.
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News posts that don't contain reference the term "Bitcoin" are often off-subject. This subreddit is just not about standard financial information.
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Owing to his savvy investments in bitcoin and the current all-time substantial valuation, he will never have to get his degree.