Sure but in the end the hardest money at the time (gold) was replaced by the softest possible money in human history (fiat).
Bitcoin is also easier to settle a the end of some period of time vs every time you transact.
Sure but in the end the hardest money at the time (gold) was replaced by the softest possible money in human history (fiat).
Bitcoin is also easier to settle a the end of some period of time vs every time you transact.
Yeah because fiat is derived from gold-backed paper. They didn’t have better alternatives than paper. Silver was used too but it’s still a coin and still heavy.
Bitcoin doesn’t carry the same transfer risk as gold, it’s a better alternative, even if not settled every time you transact.