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Bitcoin Discussion
Re: What to say against the claim "backed by the state/bank"
by
The Bitcoin Catalog
on
30/03/2013, 16:05:54 UTC
Quote from: WiW on March 30, 2013, 03:34:03 PM
Regardless, my point is that neither is backed.
Bitcoin is backed by its unique properties as a medium of exchange and as a monetary system.