The reason for golds failure is not the scaling, as money is quite scaled as a function, but the fact that the gold was spent paying for wars to feed consumerisms never ending hunger.

I’m afraid the idea of corruption is not justified as an excuse since it’s the people that should and must be in power and not corporations and governments, from which bitcoin without offering any significant social value, favors corporate and government interests, more than the people.

To elaborate, a mega corporation invests its entire profits into bitcoin, and then to force the markets, pulls out all of it, which sinks the value, costing the average Joe getting salaries in bitcoin to pay for the party.

So regulators set in and voila, for money to work, the same strict regulations become law, and the flaws inherited, and as bitcoin by itself doesn’t create fundamental value to replace a working gold standard, difficult to understand why people would want to go through change without any real reason.