:-)


alvaln89012 · Bronze Club · 15 points · 4 years ago
the federal reserve is backed by military power. bitcoin is backed by a bunch of freakin' nerds
LockandLoad · Pepe Collector · 12 points · 4 years ago
well technically its backed by computational power
Char · Verified · 7 points · 4 years ago
Nerd
alvaln89012 · Bronze Club · 4 points · 4 years ago
no constitution is legitimate if there isn't a gang of people with guns ready to shoot you for trying to go against it
DutchDude03 · 5-Year Club · 2 points · 4 years ago
One of the most American things I've heard this week
LockandLoad · Pepe Collector · 1 points · 4 years ago
well yea... but how are you supposed to go against it? this whole blockchain thing prevents misuse, by ensuring the transactions are overviewed by all instances (simplified and possibly not 100% exact but you get the point), doesn't it?
alvaln89012 · Bronze Club · 1 points · 4 years ago
oops i thought you said constitutional not computational
pomaranc · 2 points · 4 years ago
That's not really "backing". It was backed by gold, now is it backed by nothing.
alvaln89012 · Bronze Club · 1 points · 4 years ago
when it was "backed by gold" the exchange rate was determined by the government, not by some intrinsic value of gold
ACavazos · 0 points · 4 years ago
You guys should check out Quant (QNT). It will be huge, it is $14 but it will easily become $1k each in a couple years
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