4 ms·
it is not backed by any solid assets. This is dissimilar to any other form of currency which is backed by entire countries. In theory btc is no different to gol
by marshmallow_12 6y ago
it is not backed by any solid assets. This is dissimilar to any other form of currency which is backed by entire countries. In theory btc is no different to gold or anything, really, but in practice it is not universal enough to actually have any apparent value