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RE: Bitcoin & the USD - the brothers and the DYNAMIC DUO

in #cryptocurrency8 years ago

Thank you :)
your absolutely right, i agree 100%

from what i understand, bitcoin is backed by the energy expended and complexity of the block to be solved; making it something of almos pure speculation.
now that more and more money is being converted into bitcoin i would suppose that whatever is backing the currency being converted is becoming the backbone of bitcoin

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Yah I agree,
so for the future, I think Bitcoin will be the future gold, as it will not be accessible to everyone due to it its value, probably it will be used for heavy purchases like cars and real estate.