Jump to content

Here is really what Makes Cryptocurrencies Valuable


Recommended Posts

Of course there is real value in the security, anonymity, and cheaper transactions.  These are the things that will be drawing in businesses to utilize cryptocurrencies and Mincoin has very good advantages to choose it.

 

But what most people don't realize is that Cryptocurrencies are NOT fiat currency!!

 

Cryptocurrencies are all backed by WORK!!

 

 

Work is the most valuable thing to back a currency with.  Its better than gold since gold only has perceived value!  Work always will have real value!

 

No new blocks of Mincoin or any other crypto will ever be found unless work is done to find them!

Link to comment
Share on other sites

Of course there is real value in the security, anonymity, and cheaper transactions.  These are the things that will be drawing in businesses to utilize cryptocurrencies and Mincoin has very good advantages to choose it.

 

But what most people don't realize is that Cryptocurrencies are NOT fiat currency!!

 

Cryptocurrencies are all backed by WORK!!

 

 

Work is the most valuable thing to back a currency with.  Its better than gold since gold only has perceived value!  Work always will have real value!

 

No new blocks of Mincoin or any other crypto will ever be found unless work is done to find them!

Most people do know that the greatest currency and economy in the world was backed by work!!

Link to comment
Share on other sites

Hitler may have been a tyrant but he also setup the greatest currency ever devised! 

When the world slipped into the depression after 1929.  Germany was in a really bad way.  The economy was horrible.  Germany's currency devalued so much It took a wheelbarrel full of cash to buy a loaf of bread!!  

Link to comment
Share on other sites

In under 5 years Germany had not only turned its economy around it now had the best economy in Europe!  Germany was the first county to pull itself out of the depression and became very successful.

Why??  Because Germany's currency the Mark was based on WORK.  No new Mark's could ever be created without an equivalent amount of work created to back them!!

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.