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The USD used to be on the Gold Standard -- that is, it used to be a proxy for Gold. Using BTC as a "proxy" currency isn't unhealthy per se -- it's merely a tra
by cbhl 14y ago
The USD used to be on the Gold Standard -- that is, it used to be a proxy for Gold.
Using BTC as a "proxy" currency isn't unhealthy per se -- it's merely a transitionary step until people have adopted BTC more widely.