Bitcoin looks like a ponzi scheme to me as there is no value to a Bitcoin other than that of itself.
Currencies used to represent the gold stored by each government. These days currency represent the trust that the system that uses the currency, will trade goods for it. However we had to go through the gold equivalent to get here.
Bitcoin doesn’t represent anything and has nothing to back it up.
Currencies used to represent the gold stored by each government. These days currency represent the trust that the system that uses the currency, will trade goods for it. However we had to go through the gold equivalent to get here.
Bitcoin doesn’t represent anything and has nothing to back it up.