News about Us Dollar

by COINS NEWS - 2 years ago

WTF happened in 1971? 50 years ago today, President Nixon removed value from money by suspending the convertibility of US dollar to gold making US dollar a fiat currency. 37 years later in 2008, Satoshi Nakamoto once again restored value to money.

The Nixon shock as it is called was a shift in economic policy by President Richard Nixon to prioritize jobs and economic growth in the US. It led to the collapse of the Bretton Woods system of fixed exchange rates by ending convertibility of US doll...

by COINS NEWS - 2 years ago

$100 US dollars. This amazing.

I currently have right around $100 US dollars worth of Moons (ok just under at the moment but was over this afternoon) that I received just for wasting time on this sub. I have tipped a couple times for threads that I liked and I’ve shit posted a few...