Bitcoin Mining Firm Study Shows How Clueless People are About Money

in goinvest •  5 years ago 

A whopping 29 percent of respondents said they thought the US dollar is still backed entirely by gold.

Interesting article about how clueless the average person is about money. Wow, this is scary! How can we expect people to vote for a correct government official when they don't the basics of money. The funny thing is that I would have never thought the average person even knew that the dollar was ever backed by gold. I guess that's why the FED gets away with inflating the money supply....

Read the full story here.....
https://www.newsbtc.com/2019/10/31/bitcoin-mining-firm-study-shows-29-of-us-clueless-as-to-how-money-works/

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Your Blog is very informative

Posted using Partiko Android

Thanks, I appreciate that :)

I really like crypto news especially bitcoin

I'm hoping the bitcoin news is more bullish soon :)

Bitcoin is around $9200 right now...