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Latin Techie
Lv 7
Latin Techie asked in Politics & GovernmentLaw & Ethics · 4 years ago

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?

4 Answers

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  • Anonymous
    4 years ago
    Favorite Answer

    Yes sir

  • linkus86
    Lv 7
    4 years ago

    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.

  • Anonymous
    4 years ago

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

  • The First Dragon
    Lv 7
    4 years ago

    Bitcoin is not a fraud. Many people accept it.

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