I’m the compliance officer for a bank. In the long run, Bitcoin is really no different from the dollar. Ever since we went off of the gold standard, there’s nothing that is actually supporting our paper and digital money, except our faith that it is “backed by the full faith and credit of the United States government.” Feel better now?
I’m the compliance officer for a bank. In the long run, Bitcoin is really no different from the dollar. Ever since we went off of the gold standard, there’s nothing that is actually supporting our paper and digital money, except our faith that it is “backed by the full faith and credit of the United States government.” Feel better now?