Thread: Bitcoins
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Old 04-04-2013, 09:20 AM   #8
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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I don't know what you mean by "mining" and really only have a limited understanding of this whole fad, but the reality is that the value is supposed to come from supply and demand. What's stopping someone from counterfeiting these though? Or producing more? I get that the difference is that with fiat money someone can just produce more and devalue the currency, so what's stopping that here....someones word?
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