Forget Gold, Bitcoin is Backed by Time

By July 4, 2015Bitcoin Business

Travis Patron is a digital money researcher and author of The Bitcoin Revolution: An Internet of Money . Here he explains why bitcoin may be an intrinsically valuable form of money because it is regulated through time-bound algorithms. One of the most common criticisms of bitcoin is it is not backed by anything, nor is it intrinsically valuable. However, pundits have long been arguing that the US dollar has no intrinsic value and neither […]

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