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Monday, February 1, 2016

How the Blockchain and Gold Can Work Together

How the Blockchain and Gold Can Work Together: A look into monetary history shows that people, when given freedom of choice, opted for precious metals as money. This doesn’t come as a surprise.



Key Excerpt:

"Fiat money has serious economic and ethical drawbacks, though. It is chronically inflationary, widens the gap between poor and rich, triggers boom-and-bust cycles, and compounds the economy’s debt burden. "

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