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CarlBMenger / Carl B Menger
npub10wv…v22x
2024-07-02 11:40:09

CarlBMenger on Nostr: The #Gold Standard failed because of the ability of coin clipping, the difficulty of ...

The #Gold Standard failed because of the ability of coin clipping, the difficulty of verifying gold holdings, the bulky and costly transportation and because of a few governments that controlled the entire gold supply.

#Bitcoin  fixes all of it.
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