Texas Bill Would Create State-Issued Gold-Backed Digital Currency https://www.zerohedge.com/markets/texas-bill-would-create-state-issued-gold-backed-digital-currency
Discussion
Bah. The whole point of gold-backed currency is to release holders from the burden of carrying around gold.
Bitcoin releases us from that burden, without having to carry around an IOU and without having to trust a central authority.
If they can control it, no thanks.
Next chapter of the fiat gameπ΅
2071 the gold standard will be cancel and the game starts again.
This will never end, because we didn't learned from the past and so it happens again and again.
Neverending story of incremental progress
