Timeline for If Bitcoin becomes a globally accepted store of value, would it be liable to the same problems that mired the gold standard?
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| Feb 16, 2021 at 22:27 | comment | added | IMSoP | That Greenspan quote is kind of ridiculous. "Welfare statists" make no secret that they want to redistribute wealth, so there is no reason for them to be "insidious" in opposing financial systems that prevent them from doing so. I'm also rather sceptical that that's the only disadvantage of a gold standard, even if it does also have some advantages. | |
| Feb 16, 2021 at 20:13 | history | answered | NoSenseEtAl | CC BY-SA 4.0 |