The Beauty of The Gold Standard | The Twilight of Gold Series | Episode 5 (WiM150)
The "What is Money?" Show
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Bitcoin Standard
The pitfall is pretty clear. What a gorgeous historical vinette though, for the possibilities on a bitcoin standard. Oviously, it's a corruptible standard. Because in order to scale gold, we used man made paper institutions,. And that doesn't work. You can the trap doors were pretty obvious. Just just stop convertibility unless people demand it. I think, i think there zero, literally zero, foreign exchange speculation io allern away completely.
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