{"type":"rich","version":"1.0","title":"alp wrote","author_name":"alp (npub175…9g6w0)","author_url":"https://yabu.me/npub175nul9cvufswwsnpy99lvyhg7ad9nkccxhkhusznxfkr7e0zxthql9g6w0","provider_name":"njump","provider_url":"https://yabu.me","html":"I think, I broke Perplexity by asking when, in human history, a society switched from a fiat standard to a hard or sound money standard. Even though I said that nothing after 1971 counts, because then the whole world transitioned to the fiat standard, and Perplexity accepts that, it could not provide me with a single historical occurrence before 1971 where such a thing happened.\n\nExcept this one:\n\n\"Diocletian's Reforms in the Roman Empire: In 301 AD, Emperor Diocletian introduced reforms aimed at stabilizing the Roman economy by introducing the solidus, a gold coin that was 99% pure.\"\n\nAfter that, it kept repeating some South American societies binding their money to the USD after 1971.\n\nSo: Will Bitcoin really replace or abolish the money printers in near future? That would indeed be a historical event."}
