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Comment: With your definition
With your definition
of fiat, if govt followed the constitution and used gold and silver as money, that too would be fiat, since they would use force to get everyone to use it.
There is more to fiat than just legal tender laws, and the main characteristic of fiat $ is that it has zero intrinsic value.
Where is your source that establishments report any transaction over $1000 to dhs?
Where do you get the idea that I want to continue with a centrally controlled fiat dollar just because I choose not to use bitcoin? Sorry, I do not feel comfortable putting my money into bitcoins because I cannot touch or hold them, and they share a the main characteristic with fiat money, the have no real value.
“When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic.” – Dresden James
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