RE: The system is Broken, Bitcoin solves this19 Nov 2023 14:05
No different to fiat Fleccy. It has value because you can use it to buy and sell stuff. It has no intrinsic value since they ditched the gold standard. Central bank's just add more zeros to create money out of thin air. Similarly, Bitcoin has value because people can use it to trade with. Only difference is there is a finite supply, unlike the magic money tree which is infinite, because what is it in reality. Just code on a central bank computer?