Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will be bigger than Facebook
by
ebliever
on 09/10/2014, 16:50:34 UTC
Comparison doesn't have any sense.... you can't compare a website with a currency... earth and the sky... different things

Bitcoin is not really a currency. The value is backed by literally no one.

All of us using it and exchanging it for things others value, are backing it. It is backed by the only thing that matters in the long run, people who have faith in it. Take away the (fire)power of governments, and how much backing would their monopoly-money (pun intended) currencies have?