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RE: Do Currencies Need to be "Backed" by Something? The Difference between Currencies and Commodities

in #currency7 years ago

I just realized that I totally misunderstood you about Gresham's law! haha, I thought you were saying that cryptocurrencies would fail because of Gresham's law but you were, in fact, saying that they represented the opposite! Which is exactly what I said in my comment about Theirs' law.

I am very embarrassed and beg your pardon. Thanks for the great input!