Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LIBERTYCOIN][XLB] X11 | 100% POS | No IPO | No Premine | Cryptsy & Mintpal
by
acseric
on 02/06/2014, 21:17:41 UTC
Libertycoin needs exactly what Liberty itself needs, Belief.
Belief is the base of intrinsic value.
If you think I'm wrong, study what makes money, money.

Belief isn't the only thing that makes money, money.

Fundamentals also matter.  People don't accept fiat currency simply because they have faith or believe.

People accept fiat because the governments that control the fiat back that fiat with the fundamental worth of their GDP.