Venture Capitalist: Bitcoin Offers Escape From Crippling Monetary Policy

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According to Investopedia, the first paper money in the U.S. was issued on February 3, 1690 by the Massachusetts Bay Colony. Less than two hundred years later, Americans were able to trade $20.67 for an ounce of gold. In other words, the U.S. dollar was backed by gold. This was an effective system as it […]

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