Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is creating money out of thin air
by
MEMEX
on 21/04/2018, 02:03:07 UTC
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.   Angry
Currency is a means of payment or a medium of exchange which is mutually agreed upon by the community, although made of wood or stone. So as long as the community thinks bitcoin is valuable then bitcoin is valuable. Even regardless of the technology behind it though.