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Topic	So, what is causing the crypto crash? Bitcoin has fallen below $7,000.
Kazi1212 02/05/18 7:18:06 PM #11:	Ki_cat_ posted... Ulyanyx posted... Ki_cat_ posted... What ever gave it value? Why is it worth anything at this point? What the hell can they be used on? Why is it better than money? I'm still waiting for answers. A global blockchain could potentially stop corruption, crime, etc 100% of the time. Elaborate. And yes. Gold and silver were valuable because it's what the mass wanted. It goes a bit deeper than that bit crypto currency has no tangible use that I see. Gold and silver still have a lot of use but I don't really know why they're always in value. Gold and silver has less uses than Bitcoin in the real world, Im fairly confident of that. Bitcoin is a decentralized currency, those who want to remain anonymous, or even want lower fees for money transactions, bitcoin is a solid alternative to traditional fiat. Theres hundreds of thousands of bitcoin transactions done daily, the uses of gold and silver for tangible applications on a daily basis seems far lower than the current use of bitcoin --- I don't know my gimmick <cite>Kazi1212 posted [p:895530543] in So, what i... [t:76287000]...</cite> <quote><cite>Ki_cat_ posted...</cite> <quote><cite>Ulyanyx posted...</cite> <quote><cite>Ki_cat_ posted...</cite> <quote>What ever gave it value? Why is it worth anything at this point? What the hell can they be used on? Why is it better than money? I'm still waiting for answers.</quote> A global blockchain could potentially stop corruption, crime, etc 100% of the time.</quote> Elaborate. And yes. Gold and silver were valuable because it's what the mass wanted. It goes a bit deeper than that bit crypto currency has no tangible use that I see. Gold and silver still have a lot of use but I don't really know why they're always in value.</quote> Gold and silver has less uses than Bitcoin in the real world, Im fairly confident of that. Bitcoin is a decentralized currency, those who want to remain anonymous, or even want lower fees for money transactions, bitcoin is a solid alternative to traditional fiat. Theres hundreds of thousands of bitcoin transactions done daily, the uses of gold and silver for tangible applications on a daily basis seems far lower than the current use of bitcoin --- I don't know my gimmick</quote> ... Copied to Clipboard!
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