this post was submitted on 11 Mar 2025
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[–] ubergeek@lemmy.today 0 points 18 hours ago

They’re valuable as long as someone is willing to purchase it.

Government based fiats always has the guarantee that the government will accept them to settle your taxes.

So, as long as the government exists, there's a buyer for the currency.

Not the case with made up ponzicoins.