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j_walter
1475 days ago
> which is not backed by anything.
I mean it's backed by an algorithm...but that's obviously worthless
2 comments
adastra22
1475 days ago
Words like “backing” have specific meaning in the world of financial regulations. This use is wildly different from that meaning.
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SilasX
1474 days ago
Doesn't stop the legions of commenters who will join discussions like these to proudly assert that the US dollar is "backed by" the US economy, the US military, etc.
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aliswe
1474 days ago
What kind of algorithm is that anyway? return 1; ?
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