[rileyphone]

Via being backed to some tangible good, eg gold.

[littlestymaar]

Or bitcoin ! Wait, this is ridiculous we have like two centuries showing us that commodity currency is a failure in an industrial economy.

[novalis78]

I would not be so fast in that conclusion. There is actually research that indicates that the opposite might be true:

http://saifedean.com/Saifedean%20Ammous%20The%20Bitcoin%20St...

A slowdown a la Thiel due to fundamentally flawed monetary policies.

[littlestymaar]

Thanks for the paper, but having skimmed through I don't think the word research is appropriate for this, it's more of a compilation of autrian propaganda than anything else.

Gold standard failed, no matter what libertarians like to fantasize about it.

[boznz]

Groan.. I think we need a version of Godwin's law for bitcoin