@doctorsex @bobbala @cjd @BowsacNoodle Gold standard was not about lending gold between parties to a trade but promissory notes representing a value in gold that would be settled between banks. Most of the history of gold standard became ledgers payable and netted between governments and banks because governments were tired of their gold shipments being raided over the water. For most of the world gold standard was still a debt instrument not an asset account.