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re: Bitcoins were hacked yesterday?
Posted on 4/4/13 at 12:04 pm to Lsut81
Posted on 4/4/13 at 12:04 pm to Lsut81
quote:
Great, so everyones fake money is still good?
I think so, it's just worth a little less.
As for calling it "fake money"... isn't the vast majority of our money just numbers on a computer somewhere? The only difference is a government says one is valid, and a completely open and transparent program says the other is valid.
Isn't money "real" as long as someone, somewhere is using it in exchange for something else?
1
Posted on 4/4/13 at 12:07 pm to Korkstand
quote:
isn't the vast majority of our money just numbers on a computer somewhere? The only difference is a government says one is valid, and a completely open and transparent program says the other is valid.
No, dollars are back by the full faith of the United States, which owns assets to back up those dollars...
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