OK, so if bitcoin is based on the dollar - you can buy so much bitcoin for so many dollars, and yet the dollar is based on nothing - the system we are using is a fiat system; meaning the dollar is not based on any precious metals, then that would mean that bitcoin is based on a fiat currency system, so bitcoin, xrp, prx, dogecoin, dogcoin, cogcoin, catcoin, batcoin, ratcoin or whatever the current flavor of the month may be is fiat, and
is worthless.
It all sounds like a trap, and/or a scam.
Blips on a computer screen and no metal to back it.
is worthless.
It all sounds like a trap, and/or a scam.
Blips on a computer screen and no metal to back it.
12:09 AM - Sep 25, 2024
Only people mentioned by silvercat in this post can reply
Cleo
@Cleo
25 September, 06:43
In response Silver Cat to his Publication
99% of crypto will disappear only those that are ISO20022 compliant will remain. All cryptos are not the same. There are a few that provide a useful service such as making cross border payments instantaneous and cheap.
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Silver Cat
@silvercat
25 September, 07:45
In response Cleo to her Publication
Thank you! Crypto has been very cryptic, indeed!
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Hope Always888
@HopeAlways888
25 September, 01:42
In response Silver Cat to his Publication
I don't get it either.
We need to insist on cash or coins backed by metals and no need for a chip, fingerprint or anything else.
We need to insist on cash or coins backed by metals and no need for a chip, fingerprint or anything else.
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In response Hope Always888 to her Publication
Neither do I get any of it🤷♀️, I only know In Your Hand Cash, and the occasional order on line card usage, other then that is all just really confusing words, letters and numbers...😳
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