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Bitcoin Discussion
Re: Bitcoin Tests $600 on Strong US Volume
by
odolvlobo
on
30/05/2014, 15:07:09 UTC
Quote from: Redtea on May 29, 2014, 06:09:26 PM
Currency only has value if it's redeemable for a physical commodity, like gold, or it's backed by a government or other entity willing to support the price.
Bitcoin has proven that this statement is false.