Bitcoin is not backed by a Central Bank or any Government. Hey Wake up!!! Bitcoin is backed for those who support Central Banks and Governments, THE PEOPLE!!!
Always, while I'm giving a presentation or talking about Bitcoin and its unit of account, someone raise his hand and says, "but bitcoin is not supported by a central bank or government".
My answer is just this: "Bitcoin doesn't need to be backed by a Central Bank because You and I support that system, so the most important thing here is that Bitcoin is supported by me and people that support Central banks, as you".
As the e-mail, the only way e-mail gets down is: if people stop using it. Even, e-mails are protocols as Bitcoin is.
your money isn't backed by anything either. The feds back the banks not your money!
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Exactly, the fed just keeps printing more money which is a huge problem.
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