Replying to Avatar Secretary Janet Yellen

Was expecting something silly from you. What's gold backed with?

#Bitcoin is going to separate money and state, something goldbugs never managed to achieve.
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a source familiar with the matter 2y ago

Gold isn't backed by anything - it is the backing

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Secretary Janet Yellen 2y ago

So gold is unbacked the same way #Bitcoin is.

No, you're not retarded at all.

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a source familiar with the matter 2y ago

The difference is while I can't eat gold I can fill a tooth with it

While Bitcoin has no use other than as a trade token

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Secretary Janet Yellen 2y ago

Unbacked but tooth fillings 😆

The difference is while it can't fill a hole, #Bitcoin can be sent across continents without trusted third party.