For years I’ve argued with Wall Street economists, academics, and financial professionals that a monetary system based on gold is superior to one based on fiat. But never have I heard more preposterous arguments against gold than the ones I’m hearing now from Bitcoin advocates.

For years I’ve argued with Wall Street economists, academics, and financial professionals that a monetary system based on gold is superior to one based on fiat. But never have I heard more preposterous arguments against #gold than the ones I’m hearing now from #Bitcoin advocates.

Source

Tagged : / / / / / / / /
Bitcoin (BTC) $ 37,808.13 1.52%
Ethereum (ETH) $ 2,049.44 1.10%
Litecoin (LTC) $ 69.69 0.64%
Bitcoin Cash (BCH) $ 223.13 0.11%