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Post your face when trump signs a bitcoin reserve bill like dollar is backed by gold.
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>>59605859
>like dollar is backed by gold
It's astounding how many normie retards believe the dollar is still backed by gold in [Current Year]+10.
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>>59605867
america has a good gold reserve tho. It is at least partially backed by gold.
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>>59605859
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>>59605966
Jesus fucking Christ you are dumb
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>>59605966
BACKING DOES NOT WORK THAT WAY
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>>59605859
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>>59605966
Fiat currency is backed by the GDP of the issuing nation. Except the dollar which is also backed by the US Navy. Why is PRC's value so low? On purpose, that's kind of one of the the problems with fiat but the benefits, like allowing metals for more useful applications than coinage and tokens so far outweighs.
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>>59605859
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>>59605966
We have an oil reserve too, what the hell is your point with this post?

Reserves are strategic in nature, if the nation deems that an asset or commodity is important enough they will create a reserve of it.
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>>59605859
This is my only face, I don't know whether to actually sell all my $peanut to buy an apartment, or keep waiting to buy a house
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>>59605859
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>>59607899
Think of it this way; you could wait but then a house you like or is a good price will disappear off the market.



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