You can't pay your taxes in gold. Or yuan for that matter. That doesn't invalida... | Hacker News

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		coconutrandom on Jan 11, 2013 \| parent \| context \| favorite \| on: Bitcoin exchange hacked via Rails exploit, funds s... You can't pay your taxes in gold. Or yuan for that matter. That doesn't invalidate it as a currency.

philwelch on Jan 11, 2013 [–]

Chinese people can pay their taxes in yuan. When there was a gold standard you could pay your taxes in gold, but now there isn't, which is why gold is just a commodity, not a currency.

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