Post
Topic
Board Economics
Re: BTC to GOLD
by
californiaquail
on 28/12/2019, 20:32:53 UTC
Yes I think it would be a good thing to convert BTC to GOLD especially since i am an American and our money is based on the value of gold. Right now BTC is not really recognized as money in the UNITED STATES but I hope it will be soon enough.

hate to burst your bubble but your USD fiat hasn't had any relation to gold in quite some time

Man... USD has not been redeemable for gold since the end of Bretton Woods Agreements in 1971, pretty much opening the pandora box.



https://en.wikipedia.org/wiki/Bretton_Woods_system

https://en.wikipedia.org/wiki/Executive_Order_11110

At least, you're in the right place here. lol