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Fiat 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
by zzalpha 9y ago
Fiat 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!