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Re: Why we must trust with bitcoin?
by
Lauda
on 09/08/2016, 08:39:40 UTC
Bitcoins are based on math, but the price is based on trust and beliefs. Math gives us bitcoins, but not the price. The price depends on supply and demand.
Do you see OP mentioning the price? Do you see others talking about the price? No. This clearly seems to be a misunderstanding by some. Keep in mind that there are also people that aren't really concerned with the price of Bitcoin in fiat equivalent (e.g. myself).