Post
Topic
Board Bitcoin Discussion
Re: "BTC Is backed by nothing while the USD is backed by 'full faith' of US gov't"
by
Honeypot
on 02/01/2014, 05:50:34 UTC
In it's entire history I'm not aware of the dollar ever collapsing in value. 

Unlike 3rd world countries, the US has a very good track record in keeping the value of it's currency.


Huh?  The USD has lost something like 97% of its purchasing power since it was introduced.   
yes 97 % in 100 years or something ever since the FED was introduced

Of course, no other currency has been debased over that age 100 times its original value.....or 200.....or 1000...or even survive....

LOL