Quote:
Originally Posted by Wayne 962
The law of supply and demand would indeed hint at that - *if* the demand is there. This is a fake product that has no useful purpose except to (occasionally) facilitate illicit and illegal commerce. Everyone else investing in it is just hoping to "ride the bandwagon" to make a quick buck.
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I agree with everything here...
...but isn’t the US dollar the same thing? Since we went off the gold standard, it only has value because we all agree it does.
I don’t see BTC ever becoming a daily currency because the cost of validation is so high....