On: Arizona Introduces a bill to make Bitcoin Legal Tender [pdf]

[posterboy]

This only means it would be pegged to the gold standard set by the FED, I reckon.

Edit: I'm serious. I'm not saying that's a realistic option.

[NovemberWhiskey → posterboy]

If you want to be serious; please provide a serious basis for your commentary rather than just making things up.

For example: there is no gold standard set by the Federal Reserve, nor any conceptual relevance of gold to the value of the dollar, since the 1970s.

[posterboy → NovemberWhiskey]

Then the entire clause would be meaningless. I should have said pegged to the US$, but I thought that was obviously implied.