/biz/ - Business & Finance

>>4851379
A zero-sum economic market is inherently unstable.
>>4851400
>Unless they fork and change that.
wrong. Unless the fork and original are used exclusively in mutually exclusive markets, it is akin to scanning and printing dollars at home.
>Even if they don't you can just keep moving that decimal over.
only to an extent
>>4851434
>God you are thick. Ok, how does USD "produce" value. It doesn't. It's a medium of exchange for things of value.
true.
>In what sense does USD "produce" value?
It doesn't, it's a guarantee for the ActualValue. ActualValue is produced when people make something new.
>>4851453
The US government
>>4851471
>the blockchain technology and network
nope, that's not what the question is about.
>>4851457
>What is USD backed by? Learn how life works.
gee, thanks grandpa
>BTC was created to stop the BS with fiat
and that falls flat on its face when people start exchanging BTC for USD
You need to have bitconi-exclusive markets for the system to work.
>>4851515
well said
>Bitcoin literally is a prehistoric shit coin worth no more than 1 USD
overestimating it desu
>>4851613
so...literally nothing?