Quote:
Originally Posted by 3 Stripes
"These currencies are not backed by anything"
You should definitely do some reading on some of the cryptocurrencies  |
Quote:
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In a sense, if Bitcoin is backed by anything, it’s backed by the strength of clever mathematics.Bitcoin might represent the first currency which is not backed by a physical good and still prevents arbitrary inflation.
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One of the many many sources, and I am not posting more than this because your viewpoint is just troll like.
What, exactly, do you think it is backed by?