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Replying to Avatar Cyph3rp9nk

Since the abolition of the gold standard during the first world war we have been in a constant decline, many think that the abolition of the gold standard was in 1971, but it is not so, during the first world war many countries abandoned it temporarily.

The crisis of 1929 was the consequence of this “temporary” abolition.

Do you think anything will change? More than a century has passed, and everything is getting worse, we all know the result.

All this has been an experiment that the only thing it has achieved is the creation of mega-states and the total subjugation of the population to them.

Of course it has turned out well, but is it sustainable?

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ynniv 8mo ago

You can just dig gold out of the ground, and yet global production has been a steady 1 ~ 2% of the total supply for over a hundred years. That doesn't happen by accident. Bitcoin is better than gold

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