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>> USD is paper and bits we believe has value. > Speak for yourself. Raaa-haaaight. Next time you don't believe USD has value you'll skip picking up that $100
by knorker 6y ago
>> USD is paper and bits we believe has value.
> Speak for yourself.
Raaa-haaaight. Next time you don't believe USD has value you'll skip picking up that $100 bill on the street. When you get robbed you'll laugh and give the robber your worthless USD and say "good luck using this for anything!".
>> BTC is bits that most people believe doesn't have value.
> This is changing rapidly, is it not?
I wouldn't say so, no.
- mvolfik 6y agoI'm not a crypto supporter, but I'd say that he is right there. If _you_ found private key to a wallet with 1 BTC somewhere, would you leave it be? Even if you can't buy a coffee with it, the exchangability for USD is real.
- knorker 6y agoOk, fair. But I prefer a value backed by the whole world and the biggest military in the world.