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A comment on The U.S. Government Has $5B in Bitcoin. Parent comment

Re:The U.S. Government Has $5B in Bitcoin by ye-olde-sysrq on Monday October 16, 2023 @12:19PM (#37902075)
Let's be real, fiat currencies are essentially backed by Uranium 235 and defense industry engineering capabilities. (both as it relates to turning the U235 into large amounts of energy in a small amount of time and producing other things like aircraft carriers)

funnily enough you CAN actually redeem the banknotes for these things but most people don't typically enjoy the experience

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Re:The U.S. Government Has $5B in Bitcoin by garba_dlm on Monday October 16, 2023 @12:56PM (#37902736)
also known as "an offer nobody can refuse"
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Re:The U.S. Government Has $5B in Bitcoin by garba_dlm on Monday October 16, 2023 @03:14PM (#37904766)
agree. the USD dollar is backed by the threat of violence which is how I understand what it means to be an empire; in contrast with a 'civilization' (though it seems as though empire is the early stage of civilization, it boots things up)
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