hhmmmmmm. but didn't the gold standard help drive us into a depression because the gov couldn't print money to help the deflation that caused the depression?
so now I am torn. I want the law so as to help bitcoin... but dont want the law because any economist will tell you that the gold standard hurts economies.
Here's a little bit about what happened when we moved from the gold standard to the oil standard and why the only currency you can purchase oil (at the commodity-trade level) with is the US dollar: http://www.youtube.com/watch?v=oARBdBtGenM
+1
OPEC Money