Thoughts on Crpytocurrency (BTC, ETH, etc.)

[Insidb]

WolfpackN64 said:

Insidb said:

To quote a scholar and possibe gentleman: even "our current currencies are free floating (so it's only backed by our trust)."

Correct, but there is a difference between government backing and nothing backing.

I agree, which is why I think the currencies need a large pool of risk diffusion.