Leak Society - The Home Of Nulled Resources.
Forum Beta v1 Now Live!
What do you think of the U.S. monetary system?
Thead Owner : FeaturedBmx, Category : Lounge, 3 Comment, 50 Read
Viewers: 1 Guest(s)
Member
***
130
Messages
20
Threads
0
Rep
4 Years of Service
03-22-2014, 02:40 AM
#3
(03-22-2014, 02:35 AM)bigbadke12 Wrote: "I think if we actually switched to something like bitcoins it would stop a lot of these problems."
Bitcoin is based on nothing tangible, so in a sense it's worse than the current monetary system.
The US currency is supposed to be backed on gold. (Last I heard anyways)
Though the whole 'monetary' system is just plain out pointless in my opinion.

Actually you have to mine for it and the difficulty changes. It can't just be spawned it like our current us dollar. Now I am not saying we need bitcoins as our currency though I am just saying how it works makes sense. Also I think it is actually against our own constitution to not have our money backed by gold.


Messages In This Thread
What do you think of the U.S. monetary system? - by FeaturedBmx - 03-22-2014, 02:40 AM

Forum Jump: