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Bitcoin is the purest form of fiat currency valued solely based on social consensus, which is why it’s so volatile. Anchoring something based on real-world comm
by acdha 1y ago
Bitcoin is the purest form of fiat currency valued solely based on social consensus, which is why it’s so volatile. Anchoring something based on real-world commodities would be bad for speculators but much more likely to see real-world adoption.