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To: Jumper

Hard to believe. Bitcoin is just an electronic measurement of value backed by absolutely nothing.


8 posted on 11/11/2024 3:13:24 PM PST by rod5591
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To: rod5591

It will be the underpinning of National Treasury’s in the future for some lucky nations.

A single BTC in 20 years will be like owning a building on Staten Island, NYC. In fifty years it will be a city block there - without any maintenance.


10 posted on 11/11/2024 3:18:06 PM PST by Jumper
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To: rod5591

Same as the USD.


12 posted on 11/11/2024 3:32:58 PM PST by Drago
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To: rod5591

and what is a paper dollar backed by?


15 posted on 11/11/2024 3:40:24 PM PST by BereanBrain
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To: rod5591
Hard to believe. Bitcoin is just an electronic measurement of value backed by absolutely nothing.

Over 95% of dollars are the same (electronic, and all dollars are backed by nothing.) The difference is that bitcoin is provably scarce and politically neutral.

27 posted on 11/11/2024 5:15:01 PM PST by EnderWiggin1970
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To: rod5591

“ Hard to believe. Bitcoin is just an electronic measurement of value backed by absolutely nothing.”

How is Bitcoin different from Enron?


42 posted on 11/12/2024 4:10:59 PM PST by Chgogal (To paraphrase Biden: You vote Democrat? Then you ain't smart. )
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