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If it's legal to own bitcoin or gold, what good does eliminating cash do?
by SuoDuanDao 7y ago
If it's legal to own bitcoin or gold, what good does eliminating cash do?
- beefield 7y agoCentral banks do not guarantee purchasing power of gold or bitcoin. (A note, The questions I made above are not meant to be snarky. Those are the kind of questions I struggled literally for months when I tried to get my head around negative rates and whether they make sense or not.)
- SuoDuanDao 7y agoHow do they guarantee the purchasing power of legal tender? Serious question, I thought the health of the economy and the need to pay taxes was all that did that.