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Battle Of The Fiats! Bitcoin Hits $50,000 … Again And Backs-off As US Dollar Sinks (What Happened To Bretton Woods?)

August 24, 2021 12:38 pm

by confoundedinterest17 Since President Nixon helped take the US off the gold standard, the US Dollar has become FIAT currency. That is, not backed any precious asset such as gold, silver, platinum, etc. What ever happened to the Bretton Woods system? …

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Duel Of The Fiats! Bitcoin And Ethereum Plunge (Goldman Analyst Says Gold Is A Value Buy)

July 8, 2021 8:07 pm

by confoundedinterest17 Ever since the US Dollar went off the gold standard, it is only the good faith and credit of the Federal government with its taxing authority that stands behind it. Ethereum and Bitcoin and also Fiat currencies with …

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