> and best for settling trade between foreign regimes. There's a reason central banks all hold gold as a primary reserve asset. > both competing use cases of c

> and best for settling trade between foreign regimes. There's a reason central banks all hold gold as a primary reserve asset. > both competing use cases of currency and store of value An action can be both rational for an individual to take, and still be a net negative to the world. I am argueing that the gold in a vault use case, which sometimes people call "store of value" is a net negative upon the world, while still possibly being individually rational. That is my point. I agree that gold serves the use case of a store of value, and could be rational for an individual to take. And I am saying that this is still a net negative, that causes more harm than good, because you have a bunch of resources doing nothing.