Quote:
Originally Posted by BossChief
The banks ran a huge Ponzi scheme that hurt the us economy...with US dollars.
New technology isn’t nessesarily tangible, but technology coins like Ethereum absolutely have huge value.
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US Dollars are accepted as US tax revenue, and backed by tanks and fighter jets. Both of those things are tangible.
Blockchain is an interesting technology that may revolutionize currency. Or not. But that still doesn't make BTC, or ETH or any other crypto token worth any particular intrinsic value. That's why there's nothing to stop them when they fall.