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4246966 No.4246966 [Reply] [Original]

if bitcoin displaced gold as the favored global value store and we continued down the current path of systemic deterioration (without a serious collapse), what would be the net effect on overall wealth?

>> No.4246998
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4246998

>>4246966
net gain gold is useless as a currency in the modern era
those with gold or Silver will see an eventual price spike though and dump it for cryptos if smart, this will allow for a faster more robust economy overall, gold will still store value just not as much. It simply can't compete in the internet era