Re:It's time for us in the tech world to speak out about cry...
by jfrunyon on Tuesday June 01, 2021 @10:44PM
(#27364194)
> me: And in fact all of the fiat currencies I know of originated as representative money.
> you: Before the 1900s the vast majority of currencies were valued based on their precious metal content (gold or silver), not government fiat.
ORLY? I didn't know that. Oh wait I literally said it in the comment you replied to.
Before the 1900s the vast majority of currencies were valued based on their precious metal content (gold or silver), not government fiat.