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RE: Honest Money vs. Government Money

in Economics3 days ago

My grandmother a number of years ago gifted me a 1940s-era silver certificate $1 bill, and explained that you used to be able to take one of these to a bank and exchange it for the equivalent amount of silver coinage or bullion. Obviously all that ended in the late 60's, but I always thought it was cool that, at one point in time, you could have handed paper money over and received actual silver in exchange just by visiting your local bank. :)

I can see why this took a while to come together for you, but I'm glad it finally worked out. It's a good historical article as well as a nod to crypto's place in the overall economy. Excellent work, @jacobtothe!

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