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Indeed All4One When you potential return on your investment is...

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denk12

7,449 Posts.

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11/01/18

23:20

Post #: 30241880
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Originally posted by All4One ↑

Fiat currencies are backed by the GDP of the country and the economic health of the country.
The worth of a currency is the gross domestic product of all the sources of revenue of that country.

Bitcoin and crypto's are backed by what??
They remind me a whole lot of the COMEX gold index. Backed by nothing and is only paper.

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Indeed All4One

When you potential return on your investment is the based solely on value of all other the player's hands (the pot) then you're playing a game of poker, not investing.

Madoff understood this too.

Bitcoin is like this ...
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