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Stephen Diehl on Web3, Bitcoin & Neometalism

Life Itself Podcast

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The Gold Standard Is a Very Brittle Asset, Right?

Gold standard is a very brittle it doesn't have a veriable supply, right? A, that doesn't allow you to do a sort of or interventions in times of progress. So if there's like a pandemic, instead of being able to kind of, no, have price a billion the dollar, you're subject to the whims of whatever the economy is going to do en. They yiew the kind of management of the economy. And so likes can oscellate up and down habits ad a hyper volatility,. which means you can't do things like right loans and mortgages for people n or entire economy is based on things like a credit and mortgages as kind of the basis for mos

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