Quote:
Originally Posted by 2MuchMark
You're right. It's not "backed" by anything at all. It a very basic sense, it's only valued at what people think it is valued at.
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The whole thing seems like a giant scam, like it is make-believe that it has any value?!?!
So bizarre to see an electronic dollar, worth nothing in the "real world", holding 100k of dollar value. Like, how? Why? Are there that many criminals in need of money laundering and a way to hide millions of dollars on a hard drive?
The people who own bitcoin aren't at $0 and with nothing to eat like I am, definitely should have bought it even though it seems like a huge scam. It having value makes zero sense to me. It just screams "massive scam fake ponzi scheme" but yet keeps going up and up and up...
