Quote:
Originally Posted by directfiesta
Aside from gambling, what is ' backing ' the value of Bitcoin ?
Seriously ...
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What's backing the US dollar? Not gold or anything tangible, it's all printed money. Same thing. Oh wait, there's "insurance" from the Fed. Oh ok. LOL
There's no guarantee in ANY kind of investing. Not the Stock Market, T Bills....that's why you always hear the CYA (Cover Your Ass) legal language "past performance does not guarantee future results".
BTC stands for Balls To Conquer.
Get out if you got no balls people. :D