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202 sats \ 2 replies \ @optimism 6h \ on: What other rabbit holes have you fallen into? BooksAndArticles
Thanks to Bitcoiners copying the gold bug "sound money" narrative, I've fallen into the rabbit hole of trying to find out what exactly went on prior to 1971, basically: how did the gold standard fail.
Because it did fail. But what really happened. What were the triggers in practice. And how can we detect such scenarios in a digital world?
It goes very slow because I'm digging up memoirs from politicians in the 60s. Some are awesome because they had great correspondence on the topic. Others have been a waste of my time. But maybe, just maybe, can it help. Because thinking that there will be a bitcoin standard (which I personally don't think likely) and then there will be that forever, would probably be wishful thinking.