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A comment on The Wealthy Are Hoarding $10B of Bitcoin in Bunkers. Parent comment

Re:The Wealthy Are Hoarding $10B of Bitcoin in Bunkers by mkirklions on Wednesday May 09, 2018 @10:28AM (#17030076)
We've had gold, and it was a massive equalizer between major powers. If someone overspent, they had to be smarter until they regained their wealth.

Inflation has destroys savings for the masses who keeps cash more than investment. We've seen this a half dozen times in the last 100 years.

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Re:The Wealthy Are Hoarding $10B of Bitcoin in Bunkers by spookthesunset on Wednesday May 09, 2018 @10:35AM (#17030128)
> We've had gold, and it was a massive equalizer between major powers.

The gold standard was one of the worst fiscal policies ever. Its use was directly responsible for the destruction of millions of lives. Arguing to bring it back shows incredible nativity and a severe lack of history.

I suggest you read up on how horrible of an idea the gold standard was before you spout this kind of nonsense.

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Re:The Wealthy Are Hoarding $10B of Bitcoin in Bunkers by ric2b on Monday May 14, 2018 @01:51PM (#17067680)
> I suggest you read up on how horrible of an idea the gold standard was before you spout this kind of nonsense.

Can you propose some reading material?

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Re:The Wealthy Are Hoarding $10B of Bitcoin in Bunkers by spankalee on Wednesday May 09, 2018 @10:35AM (#17030129)
Inflation values future work over past work. It's not inherently bad.
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