Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: SeekAndFind

It’s not currency. Governments issue currency. Calling it “coin” doesn’t make it currency. Some merchants accept it. Ultimately, it’s converted into standard currency.

As a way of telling the government to go to hell, bitcoin just isn’t the answer.


10 posted on 08/15/2019 9:32:16 AM PDT by I want the USA back (The further a society drifts from the truth, the more it will hate those who speak it. Orwell.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: I want the USA back; SeekAndFind

>
It’s not currency. Governments issue currency. Calling it “coin” doesn’t make it currency. Some merchants accept it. Ultimately, it’s converted into standard currency.

As a way of telling the government to go to hell, bitcoin just isn’t the answer.
>

Though ours still purposely mints, I haven’t seen anyone take a gold, let alone a silver, coin OTC either....yet, those Fed. Rsrv. ‘green backs’ are still called ‘currency’.

The diff. between fiat FR 0/1 & a BitCoin 0/1 is...?


12 posted on 08/15/2019 2:59:27 PM PDT by i_robot73 (One could not count the number of *solutions*, if only govt followed\enforced the Constitution.)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson