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Message: <blockquote data-quote="Allen" data-source="post: 161478" data-attributes="member: 389"><p>I would agree with anyone who said I don't understand crypto.  Shit's just miraculously made out of thin air, and it has value?  One of the original attractions to bitcoin was as a means to pay for illegal stuff with a very difficult to track method.  Successful for sure in the early years (which we are still in), but to think something that gets registered on a computer as its ownership changes digitally is simple folly.  There's always a digital trail.   </p><p></p><p>Bottomline, crypto is backed by its demand.  The U.S. dollar is backed by the U.S. taxpayers.  In economics I learned that demand can be finicky, the U.S. taxpayer has been solid for well over 200 years.  I just can't find a reason to buy any of it.</p></blockquote><p></p>

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