Re:Bitcoin Price Tumbles After Wall Street Selloff
by reginold on Saturday December 04, 2021 @05:45PM
(#29445003)
If we take the USD as an example:
1. Created in 1792
2. Gold standard in 1900
3. Abandoned gold in 1971
Not sure at what point USD was no longer a logical fallacy. If it's the 1971 non-gold-standard dollar to now, then it's exactly 50 years as of now. Or for the full history of the dollar it's 229 years.
1. Created in 1792
2. Gold standard in 1900
3. Abandoned gold in 1971
Not sure at what point USD was no longer a logical fallacy. If it's the 1971 non-gold-standard dollar to now, then it's exactly 50 years as of now. Or for the full history of the dollar it's 229 years.