21 The fatal flaw of the Gold Standard is that it is a trust-based system. It requires the people to trust gov't and banks to not print over, dilute, confiscate (EO6102), or otherwise manipulate the gold, even though there is massive politcal and economic incentive to do so. Bitcoin fixes this. (twitter.com) posted 1 year ago by quai24 1 year ago by quai24 +24 / -3 10 comments share 10 comments share save hide report block hide replies
People will always be slaves as long as you accept the idea that we MUST have a currency based system that allows some to hoard more than others and allows that currency to be leveraged against people.