missterriann5902 missterriann5902
  • 18-09-2017
  • Social Studies
contestada

Do you think the bitcoin system is “evil” as paul krugman suggests? is it similar to a ponzi scheme?

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W0lf93
W0lf93 W0lf93
  • 28-09-2017
Bitcoins work like a commodity with a value that fluctuates like a gold or silver. Like precious metals, or coffee and pork bellies for that matter, bitcoins are traded, and the rate of exchange rate goes up and down, so investors will buy or sell bitcoins to speculate on the variations in price.
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