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