Post
Topic
Board Economics
Re: What if a Country go back to Gold (bitcoin) standard?
by
Aur3
on 12/11/2014, 01:19:41 UTC
in few yrs to come
guess many countries will go back to gold.
Not a single country will return to gold. Sorry. Sooner crypto, but I would not bet on it.
I agree. For a country to from from a traditional fiat currency to a gold based currency would simply make it so the subject country would lose too much control over their economy. The only exception to this would be a country that has experienced a true economic crash that was not felt throughout the rest of the world (and corresponding currency crash)