Source: Ludwig von Mises Institute
by Douglas E French
“In the real world, where people actually buy things, those who can, dictate what currency they wish to be paid in. … Singer Bette Midler (influenced by manager Aaron Russo) insisted on payment in gold bullion for a planned British concert tour in the fall of 1978. The ‘Divine Miss M’ is believed to be the first major performer to be paid in bullion. … Fast forward to 2026. Wasteland Capital posted on X, ‘The big news from Davos is that the luxury hookers have stopped accepting Bitcoin but are happy to take Gold bars and DRAM sticks.'” (02/10/26)
https://mises.org/power-market/uncertain-money-and-uncertain-times