Reply to post: Well there's a surprise

America, use Bitcoin instead of old-school money? Not likely, says Fed

doublelayer Silver badge

Well there's a surprise

And here was I thinking the U.S. was about to hop on the Bitcoin as legal tender train. It just makes so much sense.

Nobody is going to do that in reality. The U.S. had a long time on the gold standard, and they left it for many reasons. The second-to-last thing they want to do is to start doing that again (and the rest of the world doesn't want that either). The last thing they want to do is get back on the gold standard with a commodity even harder to deal with, and Bitcoin is a perfect example of that. Countries like having control of their currencies for many reasons, both good and bad, and they're not about to give that up unless they have to.

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