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> Also worthless, because they just keep printing them and giving them away to VCs You literally just described what's happened with fiat currencies in the pas
by cbozeman 5y ago
> Also worthless, because they just keep printing them and giving them away to VCs
You literally just described what's happened with fiat currencies in the past decade.
Endless printing of money and giving it away to big banks.
I guess you'll see it eventually randomhodler84.
- EdwardDiego 5y agoExcept fiat currencies have a value in the market based on the economies of the countries that issue them. I have yet to see a cryptocurrency that has a value in the market based on anything other than "a bigger fool might come along".
- mattwilsonn888 5y agoI guess you don't understand what value the seal of approval a dollar has - for that is what Bitcoin generates but without the backdoor devaluation and cronyism of private banking.
- EdwardDiego 5y agoSorry, that sentence doesn't make much sense as it is, could you please expand on it?
- mattwilsonn888 5y agoWhy don't you start by explaining what you are confused on?
- randomhodler84 5y agoI know, that is why I am bullish on Bitcoin and bearish on shitcoins.