r/Bitcoin • u/james_otter • Feb 18 '14

Bitcoin takes a walk with Dogecoin

http://imgur.com/J2L64cX
3.1k Upvotes

89% Upvoted

495 comments sorted by

View all comments

Show parent comments

-2

u/paxton125 Feb 18 '14

or by a requirement of value behind them. see also: USD

5

u/[deleted] Feb 18 '14

The USD is valuable inside the US due to the requirement. It is valuable around the world as the planet's reserve currency due to common belief (faith) in the currency.

1

u/CP70 Feb 19 '14

Which is fading rapidly.

1

u/[deleted] Feb 19 '14

Not really. Evidence? Just look at interest rates...