> How is that any different than gold? Gold has actual use outside of being a currency which is one of the reasons it's valuable. (and before the inevitable "

> How is that any different than gold? Gold has actual use outside of being a currency which is one of the reasons it's valuable. (and before the inevitable "OMG FIAT CURRENCY HAS NO VALUE EITHER" It has the weight of governments behind it. Like it or not they make it valuable.) I also think gold is a terrible idea for a currency, or a terrible idea for backing a currency - Get that out of the way as well.