@jeffw to politics • 17 hours agoUS selling 69K seized bitcoins could mess with Trump plans for crypto reservearstechnica.comexternal-linkmessage-square15arrow-up188arrow-down11cross-posted to: [email protected]
arrow-up187arrow-down1external-linkUS selling 69K seized bitcoins could mess with Trump plans for crypto reservearstechnica.com@jeffw to politics • 17 hours agomessage-square15cross-posted to: [email protected]
minus-square@jeffwOPlink8•15 hours agoYou might be confusing gold standard with gold reserve. Fort Knox is definitely a thing. We have a gold reserve.
minus-square@flueterflamlink2•8 hours agoYes, thanks for clarifying. I typed it out that way because “reserve” was in my head for the remaining sentences. As we both noted, there is a reserve, but it doesn’t back all the minted fiat.
You might be confusing gold standard with gold reserve. Fort Knox is definitely a thing. We have a gold reserve.
Yes, thanks for clarifying. I typed it out that way because “reserve” was in my head for the remaining sentences. As we both noted, there is a reserve, but it doesn’t back all the minted fiat.