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by dj43nq 2855 days ago
What is backing bitcoin? Gold? Cpu cycles?
1 comments
scotty79 2855 days ago
Algorithm thay decides how many bitcoins exist. Bitcoin is backed by same thing art and collectibles are backed by. Scarcity.
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dj43nq 2854 days ago
I don’t buy burgers with art or collectibles. And holding bitcoin doesn’t help me in long or short term.

Right now I’m hoping more people will buy bitcoin so I can dump the remainder of mine.

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