@WinterHold Stop it! Just stop it!
For the last time. Cryptocurrency is NOT BACKE BY ELECTRICITY! That is utter bullshit. That is simply what you need to mine new ones. And in case you don't know, Bitcoin has a hard limit of 21 million units. Over 80% have been mined and are in circulation. Once that limit is reached, no more mining. So your argument about electricity is utter nonsense.
As was pointed out correctly, cryptocurrency isn't even real currency, it's more of an investment vehicle. And right now its a damn volatile one.
US dollars are not backed by gold, whoever said it was you are wrong. No country's currency is that I'm aware of.
So what, if anything, are you saying that is worth hearing? Crypto is fast influencing the way global markets work and how banking and trade is done. It's encouraged advances in digital currency and faster banking exchanges. Will crypto replace real currency? I doubt it, but it might in the future, just not this year or this decade.
So, bottom line, calm the fuck down.
For the last time. Cryptocurrency is NOT BACKE BY ELECTRICITY! That is utter bullshit. That is simply what you need to mine new ones. And in case you don't know, Bitcoin has a hard limit of 21 million units. Over 80% have been mined and are in circulation. Once that limit is reached, no more mining. So your argument about electricity is utter nonsense.
As was pointed out correctly, cryptocurrency isn't even real currency, it's more of an investment vehicle. And right now its a damn volatile one.
US dollars are not backed by gold, whoever said it was you are wrong. No country's currency is that I'm aware of.
So what, if anything, are you saying that is worth hearing? Crypto is fast influencing the way global markets work and how banking and trade is done. It's encouraged advances in digital currency and faster banking exchanges. Will crypto replace real currency? I doubt it, but it might in the future, just not this year or this decade.
So, bottom line, calm the fuck down.
Why is it so?
~Julius Sumner Miller
~Julius Sumner Miller