Just #Bitcoin. Gold was demonetized hundreds of years ago.
Discussion
Youre right, gold is more useful than money.
Gold has industrial uses, if thatβs 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 βisβ something is generally unprofitable. Itβs a trap I usually avoid, but have fallen headlong into it here. π€¦ββοΈ
I hereby concede that gold βisβ money.
Further, Iβll 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.