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A comment on Ask HN: Would you use Bitcoins backed by the US Treasury?.

Re:Ask HN: Would you use Bitcoins backed by the US Treasury? by gizmo686 on Thursday November 28, 2013 @12:15AM (#6813135)
They wouldn't need to start their own chain. The treasury can simply declare that they will always buy Bitcoins at $1.
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Re:Ask HN: Would you use Bitcoins backed by the US Treasury? by malandrew on Thursday November 28, 2013 @07:15PM (#6817235)
Another question to ask is if such a government backed system is deflationary like Bitcoin, of if they would engineer it so that can still perform quantitative easing.
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