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0 sats \ 1 reply \ @DarthCoin 16 Dec 2024 \ on: Living on a bitcoin standard bitcoin
Thta is NOT Bitcoin standard. You are still on fiat standard if you still use fiat rails.
Has the US ever been on a gold standard? What year did it end?
I think it was, and it ended in 1971. Up to that point, you could argue that using dollars was a payment rail on top of gold. That's how I use bitcoin today. The dollar is just a payment rail to me.
I pay with bitcoin directly to anyone that accepts it. I buy beef, wine, coffee, soap, etc. with bitcoin regularly. For everyone else, its credit cards.
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