You are viewing a single comment's thread from:

RE: Bitcoin To Replace The Dollar And Gold? Jeff Berwick On Crush The Street

in #bitcoin7 years ago

It was not a "gold standard" - Nixon removed the redeeming rights that the USD had before 1971 due to other countries trying to redeem their USD for gold that the USA did not have, as promised -he reneged to the world because USA was the power - bully.