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Bitcoin and Why Cryptocurrencies Will Fail - Wiktor Jaszczuk - TEDxYouth@2SLOThe advantages that bitcoin might have will erode when fiat money becomes fully digital � There is no real value � There is no stabilizing force. A key reason why cryptos have failed to make good on their claim to perform the role of money is technical. Indeed, the use of blockchain �. The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that most crypto tokens will fail.