Part 4/12:
Despite its virtues, gold's physical nature poses significant drawbacks. Its portability is limited; moving large quantities across borders is cumbersome, costly, and risky. The logistics of transporting a billion-dollar gold reserve require armored vehicles, security personnel, and insurance—inefficient for our fast-paced, interconnected world.
Divisibility is another issue. Gold cannot be broken down into tiny, easily exchangeable units seamlessly. Verifying authenticity is also costly and time-consuming, with risks of counterfeiting and forgery requiring expert assays.