Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
oyster · 2508 days ago · link · · parent · post: Neither Bitcoin nor Ethereum are particularly decentralized
Wait a minute, we value all this cryptocurrency using normal money but isn't it supposed to replace the normal money ? Is this like how paper money was backed by gold ? But haven't we already gone past the point of crypto being backed by paper money ? I mean everybody talks about how when you look at crypto it isn't really worth anything but in those terms is my paper money reeeally worth anything ? It's worth changes all the time, one push of a button and all of sudden we're all trading bottle caps. I'm confused.