https://www.kitco.com/news/2023-04-27/Crypto-did-not-cause-Signature-Silvergate-and-SVB-collapses-and-FTX-exposure-was-minimal-Congressional-report.html
From the report:
https://crsreports.congress.gov/product/pdf/IN/IN12148
That's just fractional reserve banking at it's finest.
Zimbabwe faced a challenge of hyperinflation in their fiat currency and decided to embrace the US Dollar and Gold coins. Details on their efforts can be found here: https://www.pmbug.com/threads/zimbabwe-made-gold-coins-legal-tender.4966/
Other countries that are fighting inflation in their...