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184. Alexander Green on Money & Why It Matters

The Michael Shermer Show

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Is There a Gold Standard in Cryptocurrencies?

Gold bugs are the ones who saythat we should go back to the gold standard. The pro thad, as we saw in the depression, is that there's very little that the government can do if they don't have the wherewithal toa, meet financial emergencies by providing liquidity. Andb coin is so valuable in part because it's the first. Ah, but, you know, motor olla had the first telephone, and then they faded. Blackberry had the dominant smart phone, and then they didn't. Then net scape had the browser, and a a o a o l was on line access. So i think the same is true of crypto occurrencies to

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