It’s backed by math. There is a fixed amount of Bitcoin. We have never had the concept of “digital scarcity” before. There are thousands of computers running independently that are following a consensus algorithm. it’s an open, permisionless, trustless system that anyone on the planet can be part of.
You would rather have money controlled by corrupt governments? Hilarious.
That’s not true. Fiat money is money created and managed by a government. We need separation of State and Money.
from The American Heritage® Dictionary of the English Language, 5th Edition.
noun Legal tender, especially paper currency, authorized by a government but not based on or convertible into gold or silver.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
noun economics Money that is given legal value or made legal tender for money debts by government fiat.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
noun money that the government declares to be legal tender although it cannot be converted into standard speci
“Crytpto” is not a scam. Bitcoin and Ethereum are the future of money.
There are a lot of shitcoins out there, but don’t let them fool you into staying poor. Fiat money is dying.
There is nothing wrong with Brave. It’s a great browser. I like the cryptocurrency aspect of it.
Google is evil. Apple is the good guy in this situation.
It’s a great place to store and hold wealth.
The concept you are describing is Gresham’s Law. https://bitcoinmagazine.com/culture/how-does-greshams-law-relate-to-bitcoin
Bitcoin is digital gold. Other cryptocurrencies will become used as well for basic payments. Eventually you will be able to pay cross chain so it wont even matter which coins you hold.
Edit: Using ChainLink: https://twitter.com/0xShmn/status/1696169139168059896