Quote:
Originally Posted by ScooBySnaCk
I’m curious how people think a currency that people had to do little work for then force it out as a standard is going to be valuable in future. See to me that’s the moral problem. Nerds do crunching on hardware they didn’t make and it’s worth a monetary value.
Good for you if you can make cash on it though....
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What do the fed and banks "make" to print money?
A paper dollar is totally ****in meaningless too, ultimately. It's just backed by a legitimate economy which is in turn protected by a government and military. And it's stable, and in widespread general use. That's why these cryptos aren't currencies. Yet?