The Simplest Bitcoin Book Ever Written
THE (NOT) GOLD STANDARD
Many people still believe that money is backed by gold.
It is not.
It has not been backed by gold since 1971, when President Nixon
unilaterally took the world off the gold standard (the Nixon
Shock).
See
wtfhappenedin1971.com
to get a clear picture of the damage this did.

Fun Fact:
The World Economic Forum was formed in 1971.