[Fightin Whitey]

And the federal reserve note is based on what?

I'm with you that far. I don't understand why anyone accepts the dollar anymore either (though of course I use it on a daily basis).

But--and I ask you genuinely, not just trying to be wise--how does the fraudulence of the fed note lend any legitimacy to bitcoin?

[JRandomFreeper]

I don't think that ANY fiat currency has much legitimacy. From bitcoin to the FRN.

/johnny