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You could also print your own paper currency and call it the Duller. It wouldn't work because few people would knowingly trade anything of value for it. As wi
by panarky 6y ago
You could also print your own paper currency and call it the Duller.
It wouldn't work because few people would knowingly trade anything of value for it.
As with most assets, Bitcoin has value because it has a track record of people knowingly trading things of value for it.
- blackrock 6y agoSo you’re saying that Bitcoin should create its own country. That way Bitcoin can mint it’s own sovereign currency. They should buy an island somewhere and declare it as an independent country to the UN.
- Mc_Big_G 6y agoThere's no "they". It's distributed and owned by no one. But, to your point, theoretically, it could become the world's reserve currency. ;)