Getting back on a gold standard isn't going to and shouldn't happen. Gold is too slow and as a consequence will always centralize over time.
Don't get me wrong. Holding physical gold is a good diversifier and hedge. However, moving it is a problem, especially during a crisis when you would need it most.
#Bitcoin solves all of the inherent problems in gold.
The Coin Files
npub1w6…w4fzu
2023-11-30 14:30:07
Author Public Key
npub1w6cjjl03lzgn3gj42uyh9myaqsukqcp7h2z6p35sml5sx8temy6qxw4fzuPublished at
2023-11-30 14:30:07Event JSON
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"content": "Getting back on a gold standard isn't going to and shouldn't happen. Gold is too slow and as a consequence will always centralize over time.\n\nDon't get me wrong. Holding physical gold is a good diversifier and hedge. However, moving it is a problem, especially during a crisis when you would need it most.\n\n#Bitcoin solves all of the inherent problems in gold.",
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}