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by 1qaz2wsx3edc 1802 days ago
Counter point, what gold really fixed? From a google search:

"Between all of the gold sources in the world, current estimates suggest that roughly 2,500 to 3,000 tons of new gold is mined each year. At present, experts believe that the total amount of above ground gold in the world stands at just over 190,000 tons."

1 comments

So then we're in a situation where people are arguing that deflationary cryptocurrencies won't work, because the deflationary gold standard didn't work, when in fact the gold standard was inflationary and worked.