Therefore, with the creation of Bitcoin, I believe that gold will continue on a path similar to that of silver since the end of the bimetallic standard in 1853—undergoing a long process of demonetization, increasing volatility, and diminishing liquidity. With a weighty current.
The dollar has lost 97% of its purchasing power since 1913. Starting from the same year, the stock of gold has increased enormously. Gold has been losing about 82% of its purchasing power since 1980; one is used as a unit of account for the other, and gold's liquidity is in dollars...
The U.S. is by far the country with the most gold in the world, and it is also the 4th largest miner of the metal. Additionally, it controls and issues the currency that is the unit of account for gold and has the highest liquidity in global trade.