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Questions about crypto
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versatile875
Posted 3/3/2021 11:41 (#8870321 - in reply to #8870195)
Subject: RE: Questions about crypto


Western OK
All currency works, until it don't. Just like any fiat currency the only value it has is the confidence in it that it is worth something. Nothing has value unless someone is willing to trade for it. If you want an interesting read, read about the tulip bulb trade.

The us dollar is backed by nothing except the confidence in the fact that people are willing to trade it for goods and services.
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