Gold Standard

Central Banks and the fiat reserve dollar hegemony won’t cede their power to cryptocurrencies easily,  and they're now resorting to a return to precious metals to stave off the threat of individual monetary sovereignty, Bitcoin, and the digital revolution.  

The gold standard, if not abused, is not conducive to boom-bust cycles.

A major catalyst behind the collapse of the Bretton Woods system was the loose monetary policies of the US central bank, which pushed the price of gold in the gold market above the official $35 per ounce.