• lud@lemm.ee
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    3 months ago

    As long as people accept the money and it can be converted into money that people accept, is it really any more fake than any other money?

    • Yggnar@lemmy.world
      link
      fedilink
      arrow-up
      3
      arrow-down
      2
      ·
      3 months ago

      Years ago I would’ve argued real money is backed by something like gold, but here we are now, basing most currency globally off the USD which is just fiat money. So yeah, there really isn’t anything making USD more legitimate than Bitcoin as long as humans are associating value to it.