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You don't understand the point of Bitcoin. There can't be a decentralized digital currency that is backed by real-world assets. Who guarantees that you're Egold
by VMG 13y ago
You don't understand the point of Bitcoin. There can't be a decentralized digital currency that is backed by real-world assets. Who guarantees that you're Egoldcoin is worth an ounce of gold?
- fat0wl 13y agoEh I shouldn't have even bothered with this argument because look... I wouldn't give a s__t about "eGold" either. (Credit Cards || Google Wallet) > All this junk The only reason I bothered with the gold argument is because Bitcoin's volatility is its downfall. If it were pegged to a real-world asset this would essentially be solved. But credit cards already do this -- they are pegged to bank accounts.