Post
Topic
Board Economics
Re: Why Bitcoin is ultimately doomed to fail (not today or tomorrow)
by
tacotime
on 12/12/2013, 15:47:27 UTC
Could you please expand more on this? Not saying that you're wrong, just don't get your point and how it is related to the issue at hand, i.e. how unequal distribution of gold deposits could support the gold standard itself and mend its inherent deficiencies?

Sorry, I should have mentioned that these are deficiencies listed on the Wikipedia page for gold standard:
http://en.wikipedia.org/wiki/Gold_standard

See, "disadvantages"