A finite supply of Bitcoin doesn't keep it from functioning. Why would a finite supply of gold hamper a financial instrument tied to it?
Why does a private corporation not have the right to default on debt? The federal government doesn't owe any debt. The federal reserve does.
The days of the petro-dollar are numbered. The massive printing of them right now is guaranteeing it. Why would you try to peg the most common item on the planet (dollar) to the most rarest (gold)? There's going to be a new currency.
Why does a private corporation not have the right to default on debt? The federal government doesn't owe any debt. The federal reserve does.
The days of the petro-dollar are numbered. The massive printing of them right now is guaranteeing it. Why would you try to peg the most common item on the planet (dollar) to the most rarest (gold)? There's going to be a new currency.