The answer you already got was good but I would say:
Monero for purchases of all sizes, some donations
Doggie coin for savings, donations of all sizes, some purchases
Bitcoin for savings, donations, and purchases, especially for large amounts
Gold/silver also for savings
Why would i need to use all these. Sounds over complicated?
The world is complicated and all of these are worth using. You don't have to use them, you just have certain risks and limitations for each one you take out. E.g. less privacy if not using Monero
Ok so what are those risks what are the trade offs. Thats what im asking
Universal: remove one, lose more if whatever else you put it in dies/is lost
No doggie coin: more risk of ending up with weaker buying power than other people, if doggie coin continues growing faster than Bitcoin
No Monero: more risk of police state rising up, more risk of being blamed for stuff, possibly more risk of being robbed due to people knowing how much money you have, etc.
No Bitcoin: can't use with retailers that only accept Bitcoin, etc.
No silver: more risk of ending up with weaker buying power, if silver to gold ratio continues historic patterns
No gold: more risk of ending up with nothing if electronics fail, unless you have lots of silver anyway
So mostly your decision is based on fomo
What are you talking about?
I just think that the free market will settle on one coin that will do it all scale/trustlessness/privacy. A god protocol.
How? Why would that happen, how could it even work?
Because its inefficient to work intercoin for trade because of market volitility. Eventually everyone just will want to join the biggest chain that can accommodate privacy and scale without the risk of being rugged by custodial scaling solutions
Then why are there silver holders and a Bitcoin inventor instead of just everyone using gold?
And what's the actual process? Like can you explain with step 1 step 2 step 3 etc how people will stop using gold?
Gold isn't used as money and hasn't been for some time. I don't really have the process mapped out its just what I think the market will gravitate too in seeking efficiency
Gold is definitely used as money and has been for all of recorded history... You're not making sense
Who pays for things in gold
