I'll be very interested to see how far governments go towards holding DECENTRALISED cryptocurrencies (not those fake central bank abominations they are making) instead of gold. Private institutions are headed that way already, and the word on the street is that the gold traders are struggling to understand gold price movements - probably due to the influence of BTC.
Whatever happens, as long as fiat falls, I'll be happy.
It's probably close to 100% that they won't. They can't control it and dictate the money. There's still an element of control they can have with gold, seizing it in vaults and lying about quantities. How do you see Precious metals vs Crypto playing out?
Thanks for the comment!
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