Re:Show HN: See the Price of Stocks in BTC
by arcticbull on Tuesday January 12, 2021 @07:27AM
(#25745926)
> Also, I don't think you should not keep currency but instead you should "invest" at least you could do this when you had gold.
This doesn't make sense. Just buy gold, today. What's stopping you? Backing a currency with anything forces everyone into that asset class. Backing it with nothing and keeping it tightly controlled allows you to back your net worth with whatever you want. Fire up RobinHood and buy you some GLD.
This doesn't make sense. Just buy gold, today. What's stopping you? Backing a currency with anything forces everyone into that asset class. Backing it with nothing and keeping it tightly controlled allows you to back your net worth with whatever you want. Fire up RobinHood and buy you some GLD.