Post
Topic
Board Bitcoin Discussion
Re: Why Bit Coin Doesn't Work As A Hedge If Fiat Currencies Collapse
by
odolvlobo
on 22/02/2021, 06:37:20 UTC
Okay, so what will bit coin be worth when fiat is worthless?
Can any coiner honestly answer how your shitcoin has value if the fiat money it's valued on is worthless?
It's hilarious because no bit coiner can ever answer this question.

I can answer that question.

The answer is that you are confused. The value of a bitcoin is measured by fiat. It is not based on fiat.

If fiat collapses, what will the value of an apple be? According to you, an apple would be worthless because "the fiat money it's valued on is worthless". Bitcoin is the same.