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RE: THE RICHEST PEOPLE IN HISTORY... all had GOLD!

in #steemsilvergold6 years ago

I enjoyed reading your article and thank you for sharing.

I do have a question though, with all the rich having gold in the past what would the relevance be to the "Information Age" have with gold as more people are adding value to information rather than precious metals as in the past?

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Interesting perspective. The way I see it, knowledge is power indeed. However, power to be used for what? To the extent that knowledge is used to accumulate power, influence, and wealth, Gold is still very much relevant. Wealth (measured many different ways) can be considered a product of applied knowledge. How do you "save" the mental or physical energy output for future use? Governments want us to use their fiat currencies and depend on them exclusively. For those more independently-minded, precious metals and hard assets prevail!

True that, it is something to think about, it can be a debate of note. With knowledge it is easier to start over from next to nothing but a fail safe can definately make things easier. As the Fiat era is heading through the toughest time ever with too much debt it is only a matter of time before things start completely falling apart for the Governments.