Post
Topic
Board Bitcoin Discussion
Re: What is the collateral behind Bitcoin?
by
leonair
on 20/07/2018, 03:55:20 UTC
What is the collateral behind Bitcoin?Like in case of Fixed deposits Money deposited acts as a collateral.In case of a car loan Car acts as a collateral.Likewise what is collateral behind Bitcoin? BTCBTC

What is the collateral behind your local Fiat currency? the value of it right? so it same goes with Bitcoin. For as long as it has a market capitalization then the collateral of is the value itself.

Bitcoin is a currency, and intangible. Know your facts.