Re: "but money is backed by gold and bitcoin not" how would you answer to this?
by
Squidoogeek
on 27/10/2017, 15:24:38 UTC
Link them to reputable websites that show that "money" is not backed by gold and hasn't been for decades. (It isn't in the U.S., anyway.) It's just backed by government promises, which won't mean anything if the government collapses or is overrun.