Just #Bitcoin. Gold was demonetized hundreds of years ago.

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Youre right, gold is more useful than money.

Gold has industrial uses, if that’s what you mean. Much like other raw materials: copper, oxygen, manure, etc.

It's also useful in the arts, electronics, lubricant for spacecraft, and as a money that survives civilizational collapse. Gold has been demonetized many times throughout history but that has yet to stick.

Sorry, I made a mistake. Arguing over whether something β€œis” something is generally unprofitable. It’s a trap I usually avoid, but have fallen headlong into it here. πŸ€¦β€β™€οΈ

I hereby concede that gold β€œis” money.

Further, I’ll make a prediction: neither gold, nor gold-based credit, will ever again achieve broad usage as settlement for exchange. To put a number on it, I predict that less than 1% by count and 5% by value of exchange settlement worldwide will be in gold (or gold IOUs), forever.