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2024-07-02 22:30:16

The Big Gunt on Nostr: The #Gold Standard failed because of the ability of coin clipping, the difficulty of ...

The #Gold Standard failed because of the ability of coin clipping, the difficulty of verifying gold holdings, the bulky and costly transportation and because of a few governments that controlled the entire gold supply.

#Bitcoin  fixes all of it.
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npub1r9rkzmcv3qqw2lz8u8pkxd5djnvm40khzcehdryu9405spjhe2hs54twmh