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Those reasons being...?
by zzalpha 9y ago
Those reasons being...?
- guidopallemans 9y agoThat it holds value. Why does cash hold value? Because it has value. Just like Bitcoin
- zzalpha 9y agoFiat currency holds value because (among other reasons): 1. It's used by a sovereign government as a means of receiving tax payments. 2. It's a common medium of exchange for products and services. Neither of these things is true of Bitcoin. I invite you to try again!