If paper is printed on and metal coins stamped to create money that we all accept, why is an electronic chip called Bitcoin a fraud?

Anonymous2017-10-13T23:43:30Z

Favorite Answer

Yes sir

linkus862017-10-14T00:38:00Z

Bitcoin isn't fraud, its just not everyone accepts it as currency. Theorhetically you could print your own money on paper and mint your own coins, but unless others accept it as valuable all you have is monopoly money.

Anonymous2017-10-13T23:46:23Z

its not .. the bankers just wantto maintain control of the minting of money, that is their modus operandi ..

The First Dragon2017-10-13T23:46:18Z

Bitcoin is not a fraud. Many people accept it.