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> _backed_ by cryptocurrency. Governments have fallen for the siren call of inflation ever since Nixon. They won't give it up and adopt any standard, gold or o
by danuker 5y ago
> _backed_ by cryptocurrency.
Governments have fallen for the siren call of inflation ever since Nixon. They won't give it up and adopt any standard, gold or otherwise, because it would imply they have to be accountable for finances.
This is why private individuals have to use more creative ways of storing their value.