Well but before Bitcoin there wasn't better money than Gold. I think Max Keiser has also leaned towards Gold, as a self store of value and hedge against fiat inflation. I think he has mentioned multiple times that he owned Gold. But then he swiftly became The High Priest of Bitcoin and as far as I know got rid of the Gold.
Discussion
Agree. Pretty much only coinage would be free market money. .. Some say private banks, but their business would be fraud if they don't use 100% reserves. And who could verify?
Exactly. See the drama with Fort Knox. Bitcoin is audited every 10 minutes 🤙
No one can, and no one should trust central banks. Actually Saif is explaining how central banks fucked up before the two world wars in his The Fiat Standard.
I listen to his lectures here:
Nice. I've read the book. I was mind blown to see he was Mises and converted to orange coin.