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That's a snappy one-liner, but "a currency which has value because people believe in it" applies just as well to Bitcoin as it does to the US dollar.
by teraflop 11y ago
That's a snappy one-liner, but "a currency which has value because people believe in it" applies just as well to Bitcoin as it does to the US dollar.
- jfb 11y agoIt also doesn't make any damn sense, given that "fiat" is Latin for "let it be done", not "I believe".