Re:Bitcoin breaks $3K to reach new all-time high
by trevyn on Sunday August 06, 2017 @02:57AM
(#14940125)
The USD was backed by your trust in the government to give you its gold upon demand, not an intrinsic ability to physically convert a note into gold, so nothing really changed with Nixon.
Mind blown, right? :)
The USD was backed by gold until Nixon, you can only count the last 40 something years against Bitcoin's 9.