145 posted 1 year ago by BigMikesSaggyBaggins 1 year ago by BigMikesSaggyBaggins +145 / -0 132 comments share 132 comments share save hide report block hide replies
I am fairly sure a real US Dollar backed by gold will kill the Fed, and that is going to happen.
I believe it will also kill crypto.
There could also be a gold backed crypto. Or even crypto regulated by the price of oil.
There are already cryptos pegged to gold.
I get your point but being pegged to gold isn’t the same as being backed by gold.
Backed by gold, too.