Why does the government allow bitcoin but completely crushes any attempt to use gold / silver as a currency? (cointelegraph.com)
submitted 7.2 years ago by YouKnowItIKnowIt
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pitenius 7.2 years ago
Because the government has legacy exchange rates for the values of gold and silver ($42.22, from 1973 and $1.00 from 1967) which would bankrupt the treasury.
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pitenius ago
Because the government has legacy exchange rates for the values of gold and silver ($42.22, from 1973 and $1.00 from 1967) which would bankrupt the treasury.