“It wouldn’t surprise me if, in 20 years, when you take an economics course, there will be a discussion about the 60-year experiment from 1970 to 2030 on fiat currencies, and how it failed.”
-- Randy Smallwood, chief executive of Wheaton Precious Metals
Tweetable af, from the Financial Times
https://www.ft.com/content/97fd4dcd-f0df-4f98-a118-4a49c487ad3f
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and then how long does the gold experiment last until it fails to Bitcoin? maybe another 100 from here? 🙄