Examining Decisions That Lead To Bitcoin – Bitcoin Magazine

This is an opinion editorial by Wilbrrr Wrong, Bitcoin pleb and financial historical past fanatic.

Aug. 15 marks the anniversary of Richard Nixon’s 1971 choice to sever the hyperlink of the U.S. greenback to gold. A latest ebook by Jeffrey Garten, “Three Days At Camp David,” offers a superb behind-the-scenes take a look at the method that led to this choice. The final form of the coverage shift was a mix of Cold War geopolitics, home Republican vs. Democrat jockeying and Nixon’s obsession together with his 1972 reelection.

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