Post
Topic
Board Bitcoin Discussion
Re: why can't bitcoin be based on something that has value?
by
Newlifebtc
on 14/08/2022, 21:47:52 UTC
Bitcoin is not a physical asset. Unlike gold, which we use.  But bitcoin is unique in its own way. It is a form of information. You can’t duplicate it. Moreover, if it were backed up by something, it would become centralised, which would defy its whole meaning and its existence.
I will disagree with you but the Bitcoin is not a physical asset you are correct that is not a physical money or fiscal investment it is a digital investment so sensors it is a digital you can see it then you can also know the value so therefore I suggest that bitcoin is a physical asset so some people this value the goodness and the value of bitcoin because the further understand what is the objective or Bitcoin