You do know it's backed by nothing, right?

You do know it's backed by nothing, right?

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neither is gold. the collective delusion gives items their value

No. I had completely no idea. You just blew my mind. I'm selling all of my holdings asap. Sincerely, thank you for this notice. You have done me a great favour. I wish you good fortune with your life.

So is the dollar.

so much this.

Gold has actual uses, dummy, look it up on google

>Implying really any currency used in modern circulation is backed by anything
>Implying the faith that people have in said currency is the backbone that matters
>Implying that the whole world wont use one digital currency for everything in the future

t.boom boom

having a store of value outside of the reach of governments has its use case as well

It is backed by the most powerful force on earth, possibly the universe: greed

it is backed by literally thousand year old memes