the exact same thing could be said for all fiat currencies, they are backed by nothing. the only difference between crypto and fiat is that fiats rules are made by humans and are completely changable, crypto(depending on the one) are based on mathematics algoriths that fundamentally dont change
the exact same thing could be said for all fiat currencies, they are backed by nothing. the only difference between crypto and fiat is that fiats rules are made by humans and are completely changable, crypto(depending on the one) are based on mathematics algoriths that fundamentally dont change
It's reasonable to say that currencies are based on government and the world wide opinion of that country's population/economy.
It's reasonable to say that currencies are based on government and the world wide opinion of that country's population/economy.
No, it's not.
No, it's not.
Yes, it is.
Yes, it is.
(post is archived)