The current speculative behaviour would have to end. So a spectacular gain for some, but a blip in time. Isn't it then just Bretton Woods with a rather funny f

The current speculative behaviour would have to end. So a spectacular gain for some, but a blip in time. Isn't it then just Bretton Woods with a rather funny form of gold? I suppose all currency floats to the new standard so no, it's different. And, the finite extent of bitcoins means there is de facto revaluation as long as new things are made and value in bitcoins has to encompass more things being ascribed value. If he'd said a blockchain between central banks I might have agreed. Nothing about bitcoin needed there and to my own knowledge central banks have at least discussed it in hypothesis for a decade. It suits a mutuality model for reconciliation amongst them with an m of n threshold.