Gold standard might be the "closest" example, but is it a reasonable one? cyber-currency differs in significant ways - You don't need to bite a bitcoin. Also,

Gold standard might be the "closest" example, but is it a reasonable one? cyber-currency differs in significant ways - You don't need to bite a bitcoin. Also, without knowing why the difference (wrt recession cycle) exists, there's no reason to think it has anything to do with the gold standard, which could just be coincidental (ala "spurious correlation").