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RE: Generic Crypto Speculation News

in #crypto7 years ago

Not quite yet, but has definitely made everyone an instant market analyst. It is the way forward and I am behind it all the way. By the way, paper money is actually more virtual than electronic currencies backed by proof of (whatever). "Normal" currencies are debt instruments backed by nothing. It's a system of IOUs passed around. You could have $10 000 in your pocket, but its value is faith-based. Both yourself and say, the shopkeeper, have to believe in its value. It literally is just very expensive paper.