Post
Topic
Board Economics
Re: What is bitcoin backed by?
by
Pinoyfan
on 03/07/2018, 05:14:43 UTC
People believe bitcoin is backed by nothing. I think that is not the truth. I believe bitcoin is actually backed by people themselves. It is backed by none other than just you. We all witnessed the price has been fluctuating by all those FUDs and bad news. The price changes by emotion and non logical facts. I believe you hold bitcoin no matter what happened and would happen, and believe it is backed by all of us, it would make a history.  Cool
The only one to invest in cryptocurrency that they are respectable with cryptocurrency. Cause I support that you can do on your savings and the market will continue. Cause we have been a good job of cryptocurrency. I believe in that bitcoin is a start, and technology.