Cedric Chang wrote:
> It is a bit hard for me to understand why people accept U.S. virtual  
> dollars especially given the fact that the U.S. government has been  
> printing dollars like crazy.  There is absolutely no reason to expect  
> the value of the dollar to hold up against other virtual currencies.   
> I expect to see the price of gold go to $2000 per ounce in 2 more years.
>
> cc
>
>   
What is happening to us in the US eventually happens to all people who 
use paper money instead
of specie (gold and/or silver) as currency. Soon the US dollar will be 
retired as currency, because
nobody will accept it any more. In its place will be another crackpot 
paper money scheme, unless
people INSIST that specie be returned to its role as currency (the US 
consititution requires that
legal tender be gold or silver coin anyway, so we got paper money 
because of political tricksters
in the first place).

--Bob Axtell
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