The Coin Files on Nostr: Getting back on a gold standard isn't going to and shouldn't happen. Gold is too slow ...

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.