Thread: Money Bitcoin Take?
View Single Post
Old 02-07-2018, 12:10 AM   #1413
Fat Elvis Fat Elvis is offline
Sexiest Athlete
 
Fat Elvis's Avatar
 

Join Date: Apr 2001
Casino cash: $-1898075
Quote:
Originally Posted by BossChief View Post
What would happen If the US government was forced to show its supply of gold and it couldn’t,

Even though it’s a confidence based financial system, all the tanks and jets wouldn’t save the dollar from losing a great deal of its value.

Encrypted currencies are still in their infant stages of development.

To say the technology doesn’t have value is a bit silly.
You do understand that the US completely severed the dollar to the gold standard in 1971, don't you?

I don't think you understand how money actually works.....
Posts: 12,700
Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.Fat Elvis is obviously part of the inner Circle.
    Reply With Quote