[Randy]

And what is the US dollar back by exactly ...back by the same hype as bitcion

[WestCoastFunding]

And what is the US dollar back by exactly ...back by the same hype as bitcion

The full faith and credit of the US govt, which is sort of a big deal. Like MCA said, an owner of bitcoin is disencentized to use it -- which defeats the whole purpose of using it as a currency. If you want to treat it as a volatile investment, fine. But whats the point of using something so volatile as a currency?

[Karen37a]

The full faith and credit of the US govt, which is sort of a big deal. Like MCA said, an owner of bitcoin is disencentized to use it -- which defeats the whole purpose of using it as a currency. If you want to treat it as a volatile investment, fine. But whats the point of using something so volatile as a currency?

Us dollar and treasuries/bond are the safest investments in the world as West said ...backed by the full faith and credit of the USA ( if the usa went under the world would go under ) Bitcoin is a bubble with the concept of "buy on rumor sell on news" . the best benefit is that people can use it to have untraceable events happen.

People have bit coin vaults; they are crazy, they could wake up and poof gone and you can deal with shady cloud miners

The whole concept is wacky and hard to wrap your mind around.