>>"Fixed supply doesn't mean it will always appreciate." It seems to me that you believe that when the economy stay the same and the supply of money grows, mon

>>"Fixed supply doesn't mean it will always appreciate." It seems to me that you believe that when the economy stay the same and the supply of money grows, money loss value. Then, the other side of the coin ;-) is that when the economy grows and the currency don't, it increases value. >>"[--] And if everyone does this, government no longer controls the money supply." Governments already don't control the money supply. If a bank gives a credit, it's creating money in the system. After giving a credit (and creating money in the process), it needs to increase its reserves. If the government don't give it enough reserves it have to go to the inter-bank market, that will create demand for reserves, and that increase the interest rate. If the government want to control the interest rate it can't control the quantity of money. >>"Just because I pay taxes in USD/EUR doesn't mean I can't store my cash in a fixed supply currency, " You can do it already, for instance, buying gold. Note that the price of gold also move up and down. You can lost money buying gold and it will be not different with any other asset.