I don't care about stock to flow or whatever
Even if hyperbitcoinization happens gold's value will still be based on how difficult it is to pull out of the ground
While if gold circulates more freely Bitcoin can go to zero
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You don’t care about S2F, but S2F cares about you. Ignoring economic reality will be your problem, no-one else’s.
Golds value will be like that of silver - staying flat forever Laura. It will find increasing industrial applications and lose its monetary premium.
It’s never coming back as money. We’re not returning to physical MoEs - the world has already moved on and it’s only the Goldbugs who believe we will regress to Mad Max societies.
Sorry. I always have to say this... Explain again how you'll manage your online shopping with pieces of gold. Oh wait...
Put gold in vault
Make digital claim on gold
Transfer digital claim
Exercise digital claim to retrieve gold from vault
*prints more digital claims. Nothin' personal*
Do you know what an audit is?
Sure. What's your point. Do you know how many examples of audit failure there are?