Post
Topic
Board Economics
Re: Does Bitcoin had a back up by real money?
by
andriw
on 14/11/2018, 10:17:33 UTC
bitcoin has no real money reserves, only fiat has real money reserves. when everyone exchanges bitcoin for fiat, will it sell all? depending on the amount of fiat that is accommodated in the exchange, when enough, all bitcoins can be sold.
but if everyone sells bitcoin who buys it? Grin