Replying to Avatar Guy Swann

Consider:

Gold is so bad at being trustless money in the digital era, that it was defeated by fiat, one of the lowest integrity monetary tools we’ve ever been forced to used… but which was our only option in a virtual economy.

#Bitcoin fixes this.
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Matt Billeaud 10mo ago

Did you mean to use the word “bad “and “trustless” together? Banks still use gold to trade.

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Guy Swann 10mo ago

And what percentage of their value does it secure and how do they conduct those transactions?