No chance it will be common currency. Even now, a 10th of an ounce is worth $400. Do you know how small a 10th oz coin is? There's no one who will go into a grocery store and be able to spend that coin, and no store will have small enough gold to give change. Now double the value of gold and figure out how to make the necessary divisibility work.
Discussion
Gold was never a common currency, for the broader population. They used copper, nickel, and silver.
If only we can figure out how to transmit gold over the wire.
The words "silver" and "money" are synonymous in several languages.
French: argent (both silver and money)
Hebrew: kesef (כֶּסֶף) (both silver and money)
Irish (Gaelic): airgead (both silver and money)
Scottish Gaelic: airgead (both silver and money)
Welsh: arian (both silver and money)
Breton: arc'hant (both silver and money)
Manx: argid (both silver and money)
Cornish: arghans (historical use for both)