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Currencies aren't backed by gold. They're backed by governments. The united states dollar is just as much a "virtual currency" as bitcoin.
by eterm 13y ago
Currencies aren't backed by gold. They're backed by governments. The united states dollar is just as much a "virtual currency" as bitcoin.
- toomuchtodo 13y agoAll currencies are a shared delusion. If everyone believes something has value, it does.