Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is more real than money in the Bank
by
ven7net
on 13/08/2021, 17:21:02 UTC

Few years after forcing everyone to take their gold to the bank, the US president, Nixon in 1971 stopped everyone from having the right to convert their gold to fiat. Isn't that stealing? Government resent bitcoin because they can't control it like they did in 1971. Very soon, it will be illegal to own bitcoin in some countries, not because bitcoin is bad, but because bitcoin gives you the power to own your money. Bitcoin is more real than your money in the bank. Be your own bank by investing and learning about bitcoin.

https://www.federalreservehistory.org/essays/gold-convertibility-ends


Well, I don't even know. Real money is that money or funds that you can hold in your hands and can exchange them for relevant goods and services. As for the same dollars, at the moment they can also be held in hand and can be exchanged for goods and services, so this comparison is probably a little wrong. Perhaps you meant something else, namely the trust and value of funds, in this case BTC, then it looks more like the truth, since trust in the dollar example is now falling in the world, and trust in cryptocurrencies and BTC is growing.