Comment Comment by matheusmoreira https://www.treasury.gov/resource-center/faqs/Currency/Pages...> Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anythingBigger scam than Tether. Has been running for almost a century now.> Crypto isn't used for anything except speculation.Looks like Amazon's going to accept cryptocurrency as payment:https://www.businessinsider.com/amazon-cryptocurrency-seeks-...Hopefully we'll be able to put this "cryptocurrency is just speculation" argument to rest soon. parent matheusmoreira 5 years ago
> Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything
Bigger scam than Tether. Has been running for almost a century now.
> Crypto isn't used for anything except speculation.
Looks like Amazon's going to accept cryptocurrency as payment:
https://www.businessinsider.com/amazon-cryptocurrency-seeks-...
Hopefully we'll be able to put this "cryptocurrency is just speculation" argument to rest soon.