Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
justusranvier
on 03/08/2014, 22:23:27 UTC
meaning we may end up plunking it into M1 in a 1 to 1 ratio with the USD monetary base forming a Bitcoin Standard serving as the foundation for the existing fiat debt system so as to prevent a severe debt implosion.
That's a thing that could be done, I suppose.

I consider it more likely that the USA goes the way of the USSR than the possibility that they could pull that kind of a rabbit out of their hat.