[GNC] Income earned in gold

[Jediator]

Sorry this is off topic, but it was President Nixon who got rid of the 
gold standard in the early 70's (not 1930's).  Now we don't have real 
money anymore...

On 1/2/25 4:40 PM, Michael or Penny Novack via gnucash-user wrote:
> On 1/2/2025 3:14 PM, Derek Atkins wrote:
>> Bitcoin isn't technically a currency.
>> -derek
>>
> Neither, in the US, is gold. Back in the 1930's when we went off "the 
> gold standard" it became illegal to contractually require payment in 
> gold. Existing contracts had that part declared null and void. LOL, as 
> late as 1978 I encountered a rental contract with very old "boiler 
> plate". As I crossed "in gold" substituting "in legal currency of the 
> US" I pointed out that was ILLEGAL to require payment in gold.
>
> Michael D Novack
>
>
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.