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Under This Fiat Model, Inflation Has Been Structurally Higher, Financial Crises No Less Ruinous, And Real Growth No Higher Than Under The Gold Standard.
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Here’s what you get… 1. In 1971, the world’s major economies lost their final tether to gold, entering a fully fiat monetary standard. Bitcoin’s mining function consumes vast amounts of energy and wreaks a heavy environmental toll.
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The current coinmarketcap ranking is #2629, with a live market cap of $25,505.88 usd. For example, 0.1 btc or 0.0023 btc. In fact, it may be the.