Bitcoin is backed by all of us, and by miners, that make all the "work", and for people that say that bitcoin is only a ponzi/pyramid is not true, they can back to deposit their money in the bank
Topic: What are bitcoins backed by? (Read 150 times)
Bitcoin is backed by gold, of course i'm joking
Bitcoin is backed by all of us, and by miners, that make all the "work", and for people that say that bitcoin is only a ponzi/pyramid is not true, they can back to deposit their money in the bank
Bitcoin is backed by all of us, and by miners, that make all the "work", and for people that say that bitcoin is only a ponzi/pyramid is not true, they can back to deposit their money in the bank
Bitcoin is getting more and more attention, how can it become popular and what are bitcoins backed by?
Why didn't they tell you?? Bitcoins are backed by bullshit, but the full faith and credit of a worldwide consortium of con-artists and crooks
Their only problems is getting newbs to join the club, but really its a PYRAMID scam, where early birds have already got all the worms, and now its a pyramid-scam that has blown its top, and now of course everybody wants out, but nobody can get out, oh yep, they'll blame the gov and say they closed the exchange, or they'll blame russia/china for 'banning NSA coin'
Move along,
Bitcoin is backed by nothing other than the ever advanced blockchain technology and Internet of course. It is continually evolving until almost of the companies will adopt this kind of system soon.
bitcoins are not backed by any physical asset, bank, or government.
Instead, they are backed by math, cryptography, and a public distributed network with a mathematical process that takes a variable amount of data and produces a shorter, fixed-length output.
Instead, they are backed by math, cryptography, and a public distributed network with a mathematical process that takes a variable amount of data and produces a shorter, fixed-length output.
Bitcoin is getting more and more attention, how can it become popular and what are bitcoins backed by?
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