Crypto bill

[Spongebob]

You're speaking about the "exchange rate"; of course "exchange rates" float relative to the desired currency.
You see? it's all relative to the marchent.

Crypto currencies can only be mined by economically capable people who were gifted with "electricity". A dark world will never be able to produce a single crypto coin. 

Bank money has no "real backing" also. Or did you forget 2008 ? BTW that cycle will turn and turn, and the next fall will be harder.

As for the Rightist "Le Pen"; she can go to Trump; I wish the American Deep State kicks their asses in the next fight.

No, I am not talking about exchange rates.  What's marchent?  That's not even a word.  Are you trying to say merchant?  No, that's just looking at one aspect of the marketplace.  Money (of any kind) has value only because people accept that is does and that it remains somewhat limited in supply, meaning you can't grow a money tree.

Dollar bills could only be printed by a civilization gifted with printing technology.  Shillings could only be minted by a civilization gifted with metallurgy.  So what's your point?  Crypto currency is an electronic form of currency and it is no different than dollars or Yen with one single exception, they are not based or managed by any government.  It's not even the first electronic form of money for Christsakes.  Dollars and Rubles can be electonic, too.  Has been for years.

Now you are just regurgitating what I've already established.  I KNOW common currencies (dollars, euros, pounds...etc) have no backing; that's what I've been trying to explain to you.  And before anyone else says it, yes, dollars and pounds...etc, were once "backed" by gold and silver, for a very long time.  But even that was an illusion because precious metals themselves have no intrinsic value other than in some very limited applications.  As money, gold and silver can be volatile as well.  If you don't believe me, then explain why Diocletian had such a difficult time with inflation in the 3rd century Roman Empire despite their money itself being made of gold and silver (partly, at least).  The entire concept of money is an illusion, so stop with this nonsense that crypto is something different.  It isn't.  It's just money.

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BTW, the 2008 economic collapse had essentially nothing to do with the value of money. It was caused by all the bad real estate investments by the big banks, which started to collapse and take with them all the markets and freeze the money supply. You really know nothing about economic theory, do you?