It's a network of 22 thousand pc's resulting in 9 billion dollars worth of processing power. It also creates value w payment system free of credit processing fees. Bitcoin gets rid go the double entry book keeping ponzi within our current monetary system.
This gives Bitcoin inherent value beyond fiat.
Bitcoin does not replace or threaten Gold as money. Do not use it for savings or investment. Use it to buy and sell good services.
Frankly the ignorance on this board by so many (when it comes to Bitcoin) is embarrassing.
The Red Coats are coming!
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