this post was submitted on 11 Jan 2024
59 points (95.4% liked)

World News

32317 readers
872 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 9 points 10 months ago (2 children)

How could such an odd choice benefit them?

Honest question.

[–] [email protected] 0 points 10 months ago

Gold standard isn't an odd choice, it was used for many thousands of years. It's just odd today because no countries still use it.

And while a Bitcoin standard sounds crazy, if you lived in Argentina, you'd probably rather keep your savings in Bitcoin (despite all its problems) than in the peso.

[–] [email protected] 0 points 10 months ago

I understand the other user's point is that repetition of this story is inevitable and any attempt is better.