mindfully foolish on Nostr: I would bet they will push for a Gold Exchange Standard. Not true hard money, which ...
I would bet they will push for a Gold Exchange Standard. Not true hard money, which will lead to the same place as before: Over printing, then refusing to honor their gold commitments "temporarily", putting everyone back on the same fiat rollercoaster.
The lesson that needs to be pushed with Bitcoin is that people can not trust those with that much power I've money supply to be faithful actors. Bitcoin fixes gold's salability across space problem, and all the associated evils that come with it.
When someone brings up gold. I always laugh and tell them: Sure you just have to trust big banks and government, I'm sure they've learned their lesson this time.
The lesson that needs to be pushed with Bitcoin is that people can not trust those with that much power I've money supply to be faithful actors. Bitcoin fixes gold's salability across space problem, and all the associated evils that come with it.
When someone brings up gold. I always laugh and tell them: Sure you just have to trust big banks and government, I'm sure they've learned their lesson this time.