Post
Topic
Board Economics
Re: Bitcoin can be useful for a troubled economy
by
darkangel11
on 13/01/2018, 15:52:21 UTC
Bitcoin can't help it self, its doomed to fail because of Miners and PoW. Don't say non sense things, Token economy can help business and people because Tokens are hard wired to real assets.

And what are those "real assets" that you're talking about? Tether is supposedly linked to USD, but nobody can prove if they really have as much real USD as they're claiming. They should want to be transparent about it. If they really had what they  are claiming it would only add to their legitimacy and increase the demand. So we have to assume something isn't right.
Financial backing always require proof and this makes the whole thing much more complicated. Dishonest people can lie, confabulate, fabricate...