the gold standard and assigning high value to gold as an asset or investment is a representation of physical economy.
I argue that at some point, our asset value system will evolve based on digital assets, and gold will be one largely irrelevant, like tulip mania in 17th century. https://en.m.wikipedia.org/wiki/Tulip_mania
it may take some time, like 100-200 years.
- Is notion of gold as an asset going to become obsolete?6 votes