Sir - I have read Broken Money and Bitcoin standard ! .. but my contention is Petro Dollar has made America rich .. it may be bad for the rest of the world .. but Americans amassed so much wealth . .. proof is in the pudding ..
On the other hand , Bitcoin standard is a sure way to glut global economy ... Bitcoin is apex asset , but if we try to peg fiat to any asset ( gold or BTC) it is going back into the past ..
Because a Fiat system ( free from Gold ) is the basis of free market ... Cuz now you can exchange your fiat IOUs for the asset you like .. maty be BTC or RE or a yatch ... If I give you dollar pegged to gold ( or BTC) , then I already made a default choice for you .. you know , no one ever changes default apps on iPhone :-) at least normies dont
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