Replying to Avatar Leo Fernevak

The gold standard was outcompeted and lost for natural reasons, as it will lose again if given a new opportunity.

The fatal flaw of gold, paper gold and gold tokens is the required trust in a third party. That system of trust is a honeypot that inevitably ends up corrupted.

Bitcoin decouples money from human corruption. There is neutrality, scarcity, sovereignty and peace.

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Hans Karlsborn 2y ago

Gold’s physicality is a bug, not a feature

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