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57 sats \ 1 reply \ @grayruby 2 May \ on: if the US moved to a hard money standard, would the world follow? AskSN
They would try to resist but ultimately would have to at least settle with the US in hard money. They would try to trade with each other in fiat but eventually someone else would demand hard money and then another and another.
They'd also all be trying to cheat at every turn. So, unless it were an actual bitcoin standard (as in transactions on chain), my guess is it would fail just like the gold standard did.
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