quote · Legacy record
I do not understand where the backing of Bitcoin is coming from. There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or the credit or trust of the individual who is issuing the money, whether it's a government or an individual.
I do not understand where the backing of Bitcoin is coming from. There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or the credit or trust of the individual who is issuing the money, whether it's a government or an individual.
Historical period not yet established
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Begin with source-checked readings and explanations ↗Attribution & collection notes
- Author or tradition
- Alan Greenspan
Attribution: attributed - Country attributed
- Not established
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- Historical period not yet established
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- Contributor-provided quotation collection
Supplied reference C; CSV row 477514; supplied attribution, independently unverified
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