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Can you pay your electric bills in bitcoin? Even though dollars are not 'backed' by gold, you can still exchange dollars for gold. Just not from the government
by Finnucane 7y ago
Can you pay your electric bills in bitcoin? Even though dollars are not 'backed' by gold, you can still exchange dollars for gold. Just not from the government at a government-fixed price.
- nathantotten 7y agoWell, that is a completely different thing. That’s just a market exchange of goods/services.
- Finnucane 7y agoSure, one way is government price control, the other isn’t.