Comment by Nashhhh

Your examples are not examples of the problem with gold standards, but the rather the problem with fractional reserve banking, which is virtually non-existent with BTC (I disagree with Bitcoin proponents that say FRB isn't possible with BTC-- it'll simply be market based and potentially auditable through the blockchain). My point with 2008 is that it was a problem created by banks/government, which, whether corrupt or whatever, is essentially centrally planned. So I meant to say that while the current system was "saved" by the central planning, you must couple it with the fact it was caused by it, too (or, caused by a failure of it, if you'd prefer).