A Review of The Bitcoin Standard by Saifedean Ammous
"Predictably, as paper banking based on a gold standard took off, silver lost its status as money and its price collapsed relative to gold."
Interestingly the (silver) Maria Theresa thaler appears to be an exception in certain parts of the world: https://en.wikipedia.org/wiki/Maria_Theresa_thaler
"Predictably, as paper banking based on a gold standard took off, silver lost its status as money and its price collapsed relative to gold."
Interestingly the (silver) Maria Theresa thaler appears to be an exception in certain parts of the world: https://en.wikipedia.org/wiki/Maria_Theresa_thaler