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<blockquote data-quote="artesianspringsfarm" data-source="post: 1467152" data-attributes="member: 20360"><p>You obviously arent involved with a business thats affected by exchange rates. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big grin :D" loading="lazy" data-shortname=":D" /> My point overall, though, is that a dollar's value has no objective guarantor. It is influenced by the FED but it is not objectively valuable. Bitcoin's value is determined by a non-centralized group which is basically all those who invest and trade in it. I am not an economist but most people who are certain that Bitcoin is some kind of farce base that logic on premises that are all true of the USA currency, or even more prevalent.</p></blockquote><p></p>
[QUOTE="artesianspringsfarm, post: 1467152, member: 20360"] You obviously arent involved with a business thats affected by exchange rates. :D My point overall, though, is that a dollar's value has no objective guarantor. It is influenced by the FED but it is not objectively valuable. Bitcoin's value is determined by a non-centralized group which is basically all those who invest and trade in it. I am not an economist but most people who are certain that Bitcoin is some kind of farce base that logic on premises that are all true of the USA currency, or even more prevalent. [/QUOTE]
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