Quote from: shoreno on November 15, 2018, 06:31:03 AM

Yes bitcoin is independent because it is decentralized but in the price of bitcoin are also dependent on fiat currency .

Quote from: Zin-Zang on November 15, 2018, 04:27:32 AM

Bitcoin is dependent on Insane amounts of Electricity to run it's network,

Electricity that has to be Purchased with the Local FIAT

So your statement is correct:
"Bitcoin is dependent on fiat currency for it's existence"

No Fiat, No Electricity, No Bitcoin.

Bitcoin doesnt consume any energy because its online and totally passive , it only uses electricity if you have a mining hardware and you are mining a bitcoin .

Also , we can still have an electricity even without fiats because we can use natural energy such as solar , water and wind .

In conclusion , it does not really matter at all if bitcoin is independent or not because what matter the most is the usability and purpose on why it was built .

LOFL

I argue with you , but you are seriously delusional , so there is no point.

Have a Great Day and thanks for the laugh.