I too was a gold bug. I believe bitcoin is inevitable after the world retries a gold backed system and later realizes its fundamental limitations in the internet age.

The future might rhyme with the past. A digital gold standard may have a lot of similarities with the historical gold standard.

The late 1800s in the USA was a highly productive period on the gold standard. Although the period greatly increased standards of living across the country, that historical period could easily appear dystopian to people of today who are dependent on the government or unable to complete in the accelerating technical world.

Inevitably there will be winners and losers and a painful adjustment for many.

Many people are dependent on the government, but the government has nothing that it hasn’t taken with force from someone else.

I think the world moves to a system of numerous small city-states like Singapore or small countries like El Salvador. Large polities like the USA or Europe break up into smaller states and strong local communities develop to help each other.