this post was submitted on 05 Feb 2026
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Bitcoin Plunge Reveals Possible Vulnerabilities In Crazy Imaginary Internet Money (theonion.com)
submitted 1 week ago by cyrano@piefed.social to c/theonion@midwest.social
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From 2017 but relevant today with bitcoin drop.

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[–] Nioxic@lemmy.dbzer0.com 11 points 1 week ago (1 children)

Their value is made up by the people who buy and sell it

Outside of that closed circle, a bitcoin is a scam.

[–] Nurse_Robot@lemmy.world 1 points 1 week ago (1 children)

Isn't every currency made up?