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RE: Why do you need money? What is it that you want?

in #money7 years ago

I have not gotten into the cryptoworld. . I am just wrapping my head around "MONEY" and understanding that. I don't think I'm ready for the cryptoworld yet. But this may be a silly question, but what are those currencies even backed by? Are they backed by federal reserve notes or some other medium of exchange? If so isn't it just the same thing as "MONEY?"

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