Bitcoin Forum
August 23, 2019, 10:13:47 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
   Home   Help Search Login Register More  
Pages: [1]
Author Topic: 2013-03-25: Who made a bit of a digital fortune off the rise of Bitcoin?  (Read 796 times)
Offline Offline

Activity: 83
Merit: 10

View Profile
March 25, 2013, 02:47:22 PM
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Hero Member
Offline Offline

Activity: 574
Merit: 501

Please bear with me

View Profile WWW
March 25, 2013, 04:36:03 PM

Some things are valuable because they're useful, or because people want them. Others are valuable because the government says they are.

For hundreds of years, money has fallen into the second camp. It has little intrinsic value in itself, but governments have backed it up...

People are so brainwashed into thinking that non-backed government fiat currency system existed "for hundreds of years".  They seem to miss completely that it is in fact an "innovation" brought upon us a few decades ago and predictably falling apart right before our eyes. Oh well...

Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!