Yes and no. True that both currencies rely on people's faith for value, but I think the similarities end there :)
As you've probably heard, one of the biggest differences is Bitcoins fixed supply, while the Fed will continue to print USD and inflate it into oblivion.
And maybe I'm not understanding what you mean, but we went off the gold standard a loooong time ago..
Yes and no. True that both currencies rely on people's faith for value, but I think the similarities end there :)
As you've probably heard, one of the biggest differences is Bitcoins fixed supply, while the Fed will continue to print USD and inflate it into oblivion.
And maybe I'm not understanding what you mean, but we went off the gold standard a loooong time ago..
yeah that's true. I think it was in the 1950's. I hope you have a WONDERFUL day!
ebenso :)
Love that word.