paper is tooo unreliable, i would rather have it in gold, where the banks cant change its value, printing money is fake,
paper is cheap, they can print money whenever they like. it creates fake value, the only value it has is the value we believe about it
gold is real, gold is hard to come by, therefore its stable, and therefore its best for currency.
h786 [#5]why? Gold is THE Gold Standard.
gold is losing value against other assets that can act as a better form of SoV. try finding another asset, the times of gold are slowly going away. The problem that you're trying to solve is a real problem indeed, but gold is not the solution. Precious metals overall have had a bad run for the last 6-8 years and are continuously losing share with younger generations
cboomer [#7]gold is hard to come by
yeah thats why it shouldn't be currency for a planet of 7 billion lol
im not saying everything should be gold
but definitely a majority of it should be
if there's a shortage of gold, we should use the bartering system to trade. that is the only way stability is maintained.
jkjkjk [#9]gold is losing value against other assets that can act as a better form of SoV. try finding another asset, the times of gold are slowly going away. The problem that you're trying to solve is a real problem indeed, but gold is not the solution. Precious metals overall have had a bad run for the last 6-8 years and are continuously losing share with younger generations
so then what would you suggest, im all ears but paper is not the way i hope.
EWW_EU_EWHO [#11]what are you.. some kind of an uneducated NFT bro?
this guy has the most crackpot crack pipe ideas on this site. AND hes being completely serious
msarez [#14]this guy has the most crackpot crack pipe ideas on this site. AND hes being completely serious
im not being 100% serious im trying to start a discussion is all.
h786 [#13]so then what would you suggest, im all ears but paper is not the way i hope.
I don't have the exact answer (otherwise I'd be super rich and not have "the time" to reply to you), but it's probably some combination of:
-human livable property in densely populated areas
-underdeveloped land in future potentially interest areas
-shares/stocks in health care & bio/climate stocks
-shares in tech/AI companies (maybe even some crypto if your risk potential can take it)
-and a small amount of high yield saving accounts/money markets for situations where you need available paper on-hand, while still having the money do work for you.
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