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RE: Bitcoin Begins To Pull Back After Hitting $5000 USD - What This Means

in #bitcoin7 years ago

If it's backed by the government, it's not a cryptocurrency. But I know a lot of centrally planned cashless societies are popping up and these should be seen as nothing more than the enemy of free humanity. Stick to that which is not backed by anything else but scarcity and demand. :)

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Alright, I didnt know this. Thanks for the advise dude, much appreciated!

Same as such thing called "European coin", isn't it? Who would do this right now?