Re:Bitcoin and positive vs. normative economics
by jjindev on Sunday December 29, 2013 @04:34PM
(#6981497)
In a literal sense we have gold coins. I guess it's interesting that governments mint and sell them for a thin premium on bullion prices. And then, yeah, I'm sure there are things you could buy with a pocket full of Krugerrands. Really though, governments are giving you this opportunity to go off their currency standard. If you want to keep part of your wealth, near-cash, in gold coins, you don't have to use American Eagles to do it.
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