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How would a bitcoin standard fare for a monetary system? An analysis by the Bank of Canada examined that scenario, conjecturing how a bitcoin standard would perform based on the performance of a gold standard that existed from 1880 to 1913. The gold standard was a monetary system in which nations’ currencies were tied to […]
The post Bank of Canada Paper Asserts Bitcoin Monetary Standard Wouldn’t Last Long appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
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