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A comment on ‘Bitcoin is a scam’ says Bill Harris, former CEO of PayPal and Intuit. Parent comment

Re:‘Bitcoin is a scam’ says Bill Harris, former CEO of PayPa... by paulsutter on Tuesday April 24, 2018 @09:53PM (#16918143)
Actually the USD is backed by trading volumes. The courts, police, and military have little leverage over forex markets.

The Federal Reserve has been a fair steward of the dollar, with only a 96% devaluation since 1913. The curious can check the official numbers here:

https://data.bls.gov/cgi-bin/cpicalc.pl

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Re:‘Bitcoin is a scam’ says Bill Harris, former CEO of PayPa... by dustingetz on Tuesday April 24, 2018 @10:33PM (#16918275)
the military actually has quite a huge amount of influence over forex markets why do you think we invest in it? https://www.quora.com/Why-is-oil-priced-and-traded-in-U-S-do...
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