in

Ron Paul asks Ben Bernanke, “Do you think gold is money?” [July 13, 2011] What does his answer mean for crypto, almost ten years later?

Ron Paul asks Ben Bernanke, “Do you think gold is money?” [July 13, 2011] What does his answer mean for crypto, almost ten years later?

https://reddit.com/r/<a title="" class="aalmanual" target="_blank" href="https://cryptonewmedia.press/category/bitcoin/">Bitcoin</a>/comments/me6u2u/ron_paul_asks_ben_bernanke_do_you_think_gold_is/


View Reddit by 8nt2L8View Source

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

14 Comments

  1. Tail risks: those seem to be rearing their head a lot lately. Time re-evaluate risk. And then consider what assets can best protect oneself. It’s not the dollar or other fiat currencies.

  2. I believe his answer would be the same. Does he think Bitcoin is money? No because money is whatever the government says it is. It doesn’t mean other things can’t be traded like money, only that it can’t be used to pay taxes.

  3. God this made my sphincter clam up. He’s such a fool.

    I’m just gonna take my Picasso off the wall and head to the mall, because you know, some might say thats money too.

  4. I think the point Paul was trying to make was that the gold standard was suspended in the 70s. Supposed to be temporarily. Every dollar used to represent a unit of gold. But now the fed is clearly pretending to have forgotten all about that.

Loading…

0

What do you think?

Owner of bitcoin trading scheme Control-Finance ordered to pay $572 million

BitCherry Invests $10M in its Distributed Ecological Fund

BitCherry Invests $10M in its Distributed Ecological Fund ⋆ ZyCrypto