Post
Topic
Board Economics
Re: What do you think about this "Bitcoin-backed money" idea?
by
nanonymousx
on 15/05/2016, 05:40:28 UTC
You mean, you or someone come out issue a piece of paper, also, you or someone promise, with this paper, anyone can come to you get this much bitcoins.

Don't see why this is necessary, and what is the reason doing this, since bitcoin itself probably easier to transfer than the paper. In old days, transport a ton of gold from north to south is prohibitive, but bitcoin is very easy.