> government or industry backed digital currency
That's your bank account and credit cards etc..
The whole point of cryptocurrency is to not to be backed or controlled by any single entity.
That's your bank account and credit cards etc..
The whole point of cryptocurrency is to not to be backed or controlled by any single entity.
Bitcoin is meaningful only as long as it is a temporary token for transaction like an IOU note. The day it became a "store of value" or asset to be speculated on it is meaningless.