this post was submitted on 27 Jul 2025
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And those alternatives would be what, exactly?
Checks and credit The US hasn't been backed by hard currency since the mid-60s. Once we moved off the gold standard, it all became Fiat based on exchange rates
If by mid-60s you mean 1971...?
I seem to have gotten the beginning of the process and the final cutoff date. Confused. That would be the cutoff date, not when they started to restrict the ability to convert