jeffw@lemmy.world to politics @lemmy.world · 20 hours agoUS selling 69K seized bitcoins could mess with Trump plans for crypto reservearstechnica.comexternal-linkmessage-square15fedilinkarrow-up178arrow-down11cross-posted to: arstechnica_index@rss.ponder.cat
arrow-up177arrow-down1external-linkUS selling 69K seized bitcoins could mess with Trump plans for crypto reservearstechnica.comjeffw@lemmy.world to politics @lemmy.world · 20 hours agomessage-square15fedilinkcross-posted to: arstechnica_index@rss.ponder.cat
minus-squarejeffw@lemmy.worldOPlinkfedilinkarrow-up7·18 hours agoYou might be confusing gold standard with gold reserve. Fort Knox is definitely a thing. We have a gold reserve.
minus-squareflueterflam@lemmy.worldlinkfedilinkarrow-up2·10 hours agoYes, thanks for clarifying. I typed it out that way because “reserve” was in my head for the remaining sentences. As we both noted, there is a reserve, but it doesn’t back all the minted fiat.
You might be confusing gold standard with gold reserve. Fort Knox is definitely a thing. We have a gold reserve.
Yes, thanks for clarifying. I typed it out that way because “reserve” was in my head for the remaining sentences. As we both noted, there is a reserve, but it doesn’t back all the minted fiat.