Category: petro dollar

50 years Aug. 15 1971 Bitcoin BTC convertibility gold Dollar Economics Featured Federal Reserve gold gold convertibility Gold Standard government spending NEWS Nixon administration Nixon Shock Nixon Shock Gold petro dollar Richard Nixon Treasury U.S. dollar USD Vietnam War Vietnam War Spending War War Spending

The 50th Anniversary Of ‘Nixon Shock:’ How Suspending The Dollar’s Convertibility With Gold Fueled Today’s Fiat World

Aug 15, 2021 Bitcoin.com

Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the U.S. dollar into gold. Since this…

Bitcoin Energy Bruce Fenton Burn Pits carbon footprint Dollar Electricity Elon Musk Elon's Critique ENVIRONMENT Jack Dorsey military occupation military violence NEWS Op-Ed Opinion Editorial petro dollar Polluters Square Team USA Tesla U.S. Military Spending US DOLLAR US government US Military USA USD violence

While Bitcoin Energy Concerns Grow, Nobody Discusses The Carbon And Military Violence Backing US Dollars

May 16, 2021 Bitcoin.com

This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been…

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