Post
Topic
Board Trading Discussion
Re: Do people actually buy coins with real life money?
by
dragonbhai
on 16/12/2017, 16:05:28 UTC
i think all of investors who want to invest in bitcoin is used real money to buy it through exchange site
If you think FIAT money is real life money then you are in for a big surprise. Paper money is literally worthless and the USD has devalued 97% since it came out in the 1920s. It is also now not even backed by anything and the Federal Reserve, a private organization, has the power to print money at will and loan it out to the banks at 0% interest. Only the too big to fail banks of course.