Phylax Says Bitcoin Could Rival Gold, But Some Big Ifs

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Phylax Head Friedhelm A. Schmitt says the value of Bitcoin could rise 3000 times from its current value if . . . and there are some big if's. He bought most of his Bitcoins at the €8-€10 range and unloaded them in the €45-€85 range. He says that people confuse a scam with risk.

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