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The dumb thing about the 'it's not backed by anything argument '

Bitcoin Reddit

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Yeah, neither is the dollar

and when the dollar was backed by something it was gold, which basically became a reserve currency because people like shiny things and it makes a sick-looking necklace.

Unless you are a magpie, gold as a functional thing is shit.

bitcoin haters like to think they have some big-brain moment but have zero reflection on these two very basic concepts

submitted by /u/LtColumbo69
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