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Backed by what?
by theli0nheart 1y ago
Backed by what?
- kaptainscarlet 1y agoCompute resources.
- w3ll_w3ll_w3ll 1y agoSo like Bitcoin?
- denismenace 1y agoNot the same, since if you buy Bitcoin, you don't have partial ownership of the machines used to mine and also these machines being used for a singular purpose which you cannot change.
- vel0city 1y agoAnd high end networking gear will always have a buyer, right Nortel?
- dsr_ 1y agoLucent agrees: even used, the product will retain 90% of list price because the market has an infinite number of VC-backed buyers.
- rvba 1y agoIt is backed by AMD stockholders, whose stock just got diluted. It's like in that movie "Social network"
- aurareturn 1y agoOwnership in a company.