Well yes and no... To be fair It's only worth as much as we think it is.
So I have a $1 dollar bill that's worth something today right? And tomorrow let's say tomorrow we all just learned that Bitcoin is taking over the money market. So my $1 dollar bill just might be worth as much as toilet paper?
Yes... I watched Outer Limits once on TV where these three guys robbed a big-time bank and stole all their GOLD. And so they wouldn't get caught they hide the GOLD in some safe location and froze themselves to awake years later/ in the future.
But in the future tense GOLD had little to no value. It is only worth what you think it is.
No idea what that means but if space aliens came to Earth they'd accept BTC before they took fiat fed dollars printed out of thin air for perpetual interest. At least a computer somewhere had to crunch some useless numbers in an analogue of labour to create a BTC, a privacy disregarding global-info-IRS-surveillance wet dream that it is nonetheless.
No thanks Bitcoin isn't real money....
I think you're responding to the wrong person. I never mentioned BTC.
to be fair, USD isnt real money either
Well yes and no... To be fair It's only worth as much as we think it is.
So I have a $1 dollar bill that's worth something today right? And tomorrow let's say tomorrow we all just learned that Bitcoin is taking over the money market. So my $1 dollar bill just might be worth as much as toilet paper?
my point is both that 1 dollar bill and 1 bitcoin only hold the value they do because... of nothing
our dollars arent backed by gold anymore, its all fiat
Yes... I watched Outer Limits once on TV where these three guys robbed a big-time bank and stole all their GOLD. And so they wouldn't get caught they hide the GOLD in some safe location and froze themselves to awake years later/ in the future.
But in the future tense GOLD had little to no value. It is only worth what you think it is.
Neither is the shit you pay your bills with and I don't like BTC either.
Shush... Someone might hear you?
No idea what that means but if space aliens came to Earth they'd accept BTC before they took fiat fed dollars printed out of thin air for perpetual interest. At least a computer somewhere had to crunch some useless numbers in an analogue of labour to create a BTC, a privacy disregarding global-info-IRS-surveillance wet dream that it is nonetheless.
If space aliens came to Earth the democrats would give them free land and the right to Vote...