It does NOT come from thin air. The Dollar comes from thin air. When Ron Paul successfully, partially, audited the Fed, they found trillions, unbeknownst to congress, printed without oversight or permission. Trillions loaned to foreign business and banks without so much of an "I'm sorry". The dollar is a disaster
Crypto is fiat and comes from thin air, no physical backing.
It does NOT come from thin air. The Dollar comes from thin air. When Ron Paul successfully, partially, audited the Fed, they found trillions, unbeknownst to congress, printed without oversight or permission. Trillions loaned to foreign business and banks without so much of an "I'm sorry". The dollar is a disaster
Theyre backed by computer processors dedicated to running the network
It is supposed to be currency but you would be an idiot to spend it on anything.
Not exactly, with some coins yes, but others are a reward for solving blocks in a block chain. You can't just create it whenever you want.
Bitcoin does, not all do.