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406 sats \ 2 replies \ @kurszusz 31 Jan \ on: WTF Happened Before 1971? bitcoin
Short version: the principal factor for what USA abandoned the gold standard was that gold was hard to move (harder than fiat $$$), and this make international trade impossible (limited / slowed it down).
Long version: I will write an article about this later today, and I will link here :)
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