Re:BadEconomics: Putting $400M of Bitcoin on your company ba...
by dheera on Monday January 04, 2021 @01:12PM
(#25635462)
> there is no such thing. not in bitcoin, not in usd, not in gold. all value is extrinsic and assigned by market.
Exactly! It also is interesting how people were berating USDT for not having their coins backed in USD. Does it matter? As long as people are amicably agreeing to trade it at 1 USD, it's working as designed.
Exactly! It also is interesting how people were berating USDT for not having their coins backed in USD. Does it matter? As long as people are amicably agreeing to trade it at 1 USD, it's working as designed.