Cryptocurrency
#11
(29th December 2017, 2:30 AM)Ryeiysku Wrote: Cryptocurrency is backed by everyones money not just a word.

That's not a backing; that's market value. Market value can fluctuate. It can also drop to nothing very quickly.
In 1946, the (unbacked) Hungarian currency dropped in value so fast in two months, that all the money in circulation in the country was worth 30 cents of a dollar at the end of that period.
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Messages In This Thread
Cryptocurrency - by Legend - 22nd December 2017, 2:40 AM
RE: Cryptocurrency - by bls1999 - 22nd December 2017, 4:28 AM
RE: Cryptocurrency - by Legend - 22nd December 2017, 6:11 PM
RE: Cryptocurrency - by 1python64 - 25th December 2017, 4:11 PM
RE: Cryptocurrency - by thefleebs - 26th December 2017, 1:35 AM
RE: Cryptocurrency - by Ryeiysku - 29th December 2017, 2:33 AM
RE: Cryptocurrency - by aaaaaa123456789 - 28th December 2017, 1:50 AM
RE: Cryptocurrency - by Ryeiysku - 29th December 2017, 2:30 AM
RE: Cryptocurrency - by aaaaaa123456789 - 3rd January 2018, 9:00 PM
RE: Cryptocurrency - by Ryeiysku - 29th December 2017, 2:29 AM
RE: Cryptocurrency - by Ryeiysku - 30th December 2017, 12:38 PM
RE: Cryptocurrency - by Zenas - 4th January 2018, 4:45 PM
RE: Cryptocurrency - by isokissa3 - 4th January 2018, 6:17 PM
RE: Cryptocurrency - by Bluelightning - 5th January 2018, 7:43 AM
RE: Cryptocurrency - by Legend - 6th January 2018, 10:23 PM
RE: Cryptocurrency - by spaqo - 12th January 2018, 8:55 AM
RE: Cryptocurrency - by ~Bowl - 14th January 2018, 8:59 PM
RE: Cryptocurrency - by Bluelightning - 19th January 2018, 9:07 AM
RE: Cryptocurrency - by Legend - 19th January 2018, 10:12 PM

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