LogFAQs > #891311369

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Topic	Bitcoin has no real value
Manocheese 11/30/17 12:28:02 AM #17:	Crazyman93 posted... Mal_Fet posted... CiIantro posted... There is tangible value in the materials. Bitcoin is immaterial and worthless from a literal standpoint Do you know what fiat money is The Government backs a fiat currency. Nothing backs bitcoin. Wrong. The dollar isn't backed by anything. And even when it was backed by gold, what was gold backed by? Nothing. --- ()_() Hardcore - We'll probably be modded for this... (o.o) http://manocheese.googlepages.com/manocheesery <cite>Manocheese posted [p:891311369] in Bitcoin ha... [t:76045605]...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Mal_Fet posted...</cite> <quote><cite>CiIantro posted...</cite> <quote>There is tangible value in the materials. Bitcoin is immaterial and worthless from a literal standpoint</quote> Do you know what fiat money is</quote> The Government backs a fiat currency. Nothing backs bitcoin.</quote> Wrong. The dollar isn't backed by anything. And even when it was backed by gold, what was gold backed by? Nothing. --- ()_() Hardcore - We'll probably be modded for this... (o.o) http://manocheese.googlepages.com/manocheesery</quote> ... Copied to Clipboard!
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