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RE: Silver as money?

in #gold7 years ago (edited)

I'm sure you know the reason we do not use precious metals to back currency, so that the Federal Reserve can keep control of our paper. However, if we were to go back to a system in which PMs backed currency, I'd think that we would go back to having both silver and gold certificates.

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The govt doesnt use it because its easier to print fiat and drive us all into debt.... but i was just wondering if everyone makes a fuss about there being not enough gold to go around, thats fine because theres tons of silver....

The good thing with crypto in my opinion it had taught alot of people about the finacial system and what fiat is.... that push to get out of a controlled fiat and into something you have more control over.... eventually the world specifically the west will wake up and see that true value of PMs.... ill keep stacking... at these prices i cant hold back lol