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It doesn't make any more sense than the dollar going to ~1/2000 oz of gold, but here we are. Bitcoin is decentralized fiat currency which you can perceive to b
by insert_coin 6y ago
It doesn't make any more sense than the dollar going to ~1/2000 oz of gold, but here we are.
Bitcoin is decentralized fiat currency which you can perceive to be very valuable like the USD or worthless like the Venezuelan bolivar, as none have any intrinsic value or fundamentals besides trust.