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Bitcoin and others are just numbers. As such they are not backed by anything material. They have no intrinsic worth. You can't touch them or hold them. When the
by simonblack 5y ago
Bitcoin and others are just numbers. As such they are not backed by anything material. They have no intrinsic worth. You can't touch them or hold them. When the electricity stops they don't exist.
Your choice as to whether you entrust your assets to a scheme like that. I prefer something solid like real physical assets that I can hold or touch and that doesn't rely on a source of energy for its existence.
- ryandvm 5y agoLike paper.