Quote:
Originally Posted by McLovin
What does the value of this piece of paper depend on?
|
Agree 100%. There are similarities. But the US dollar is far more accepted by people than Bitcoin, that's for sure. Same rules apply - if the rest of the world all of a sudden doesn't have confidence in the US dollar, it will also fall. But the US dollar is obviously in a different league than Bitcoin and actually has some business, momentum, and support behind it. Also using the US dollar as an argument for explaining Bitcoin is a bit of a straw man argument?
-Wayne