Of course, neither does the dollar; gold standard dropped long ago.
-
-
-
This Tweet is unavailable
-
Under the gold standard there were gold certificates that were United States Notes and could be redeemed for gold. This ended around 1970. $32 an oz for gold then $1200 or so now. https://en.m.wikipedia.org/wiki/History_of_the_United_States_dollar …
-
This Tweet is unavailable
- 1 more reply
New conversation -
-
-
This Tweet is unavailable
-
LMFAO!
- 1 more reply
-
-
-
This Tweet is unavailable
- 1 more reply
-
-
-
We're living in a bubble.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Nor does anything until thinking makes it so.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Bitcoin is it good as your power grid. Try buying water during a black out. Good luck future people.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Ahhh. The power of fiat currency... About as reliable as the Italian car, and made worse when stamped out over demand..
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
This Tweet is unavailable
-
-
gee wow with one little chart he just proved what everyone knows, inflation exists
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
The absence of intrinsic value of the dollar does not imply the presence of intrinsic value of the bitcoin. They are both equally bad in that regard.
- 1 more reply
New conversation -
-
-
I see a trend.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Sure is a good thing we don't use gold and silver any more...they're cheap, and even a better value for those few who understand economic/monetary history at all.pic.twitter.com/yCA6dlHyLX
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.