Hard to believe. Bitcoin is just an electronic measurement of value backed by absolutely nothing.
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.
Same as the USD.
and what is a paper dollar backed by?
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.
“ Hard to believe. Bitcoin is just an electronic measurement of value backed by absolutely nothing.”
How is Bitcoin different from Enron?