Also, you can have massive utility and still not be a SoV. Just like Laptops aren’t a SoV. But Gold is. SoV is about security, immutability, censorship-resistance and disinflation. BTC is ahead on these.
Several Governments have stopped convertability to Gold in 1914-1915 to print as much as they can (steal from the populaion) to finance war. That is a historical fact. Nothing “pseudo” about it
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That is not the only reason that world war 1 continued. He presents that as fact and that is absolute nonsense. Do you want me to list all of the other reasons why world war 1 continued or was it really just sound money? I'll get into Europeans borrowing from the USA if you want.
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There were many reasons, but this was indubitably in the top 5 of reasons. It was most relevant in the context of Gold/Fiat/Bitcoin/State Power discussions that the book focused on.
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Wow,
@Frances_Coppola did a great job addressing this book. You should check it out: http://www.coppolacomment.com/2018/04/the-bitcoin-standard-critical-review.html … I'd love to hear your rebuttals. -
I might try to answer your questions, but only in case you read the book. There's no point to try to educate you on complex issues when you even not interested to learn it.
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I would basically turn that that around and say there is no point to educate you when you won’t even respond to her objections. Once I posted that article, the music stopped and you resorted to ad hominem.
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Well throwing away FUD is a lot easier than rebutting it. Will take me a http://medium.com post to rebut, but you will just pick the arguments you like more anyway. If you want - ask your own question about something you think you understand - then we can discuss.
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Ask what question? I don’t have any questions.
End of conversation
New conversation -
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