Gold is most definitely not fiat money.
Bitcoin is at least 100x superior to gold, but it's still natural and emergent money, not fiat money.
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While unless solving the foundational value problem then inheriting the same flaws as well amplified the cons.
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We don’t label aggry beads, silver, or clam shells as money anymore, even though they were natural and emergent monies. Gold’s designation as money is expiring.