$10,000

It's backed with faith. Just like the usd except you're putting your faith in the us government and you're hoping they will never fail.
Reason it increases in value is because there's a finite amount, like gold.

>Mehmet back at it again with the Tulip posting

I can't understand how is it finite if it's not real? Isn't it generated by GPUs?

i have nothing against ppl earning money

There's only a certain amount that can ever be created.

Nice. My 41 cents is now 42 cents.

dumb frogposter

Yep got my ark staked.

> nothing backing it
Just like every other currency

Black market and very hard to track currency.