I'm no fan of the USD in its current incarnation. However 10% is a huge markup over spot I get from dealers, so I'd rather just hold real gold, but I suppose Go

I'm no fan of the USD in its current incarnation. However 10% is a huge markup over spot I get from dealers, so I'd rather just hold real gold, but I suppose Goldbacks figures their seigniorage is way better than the USD's. However, all currencies that peg from a central authority that controls issuance have always corrupted the peg over a long enough time span. Always. I think "Money is a sign of poverty." [1] But we're in that difficult, long, transitory stage between universal scarcity and it becomes more obvious that post-scarcity is within practical reach. Kind of like that period when people suspected powered flight was theoretically possible from watching birds, but it wasn't obvious how to practically achieve it. We just witnessed that the entirety of mankind's manufactured goods could be theoretically produced in a tiny landmass compared to the whole globe, at ridiculously low prices and high quality, with energy and raw goods inputs coordinated in a supply chain of dizzying sophistication but it isn't obvious yet how to make that work for us towards post-scarcity as that condition isn't a light switch and no one knows the map showing the road through the precursor elements. [1] https://theculture.fandom.com/wiki/Money_implies_poverty https://theculture.fandom.com/wiki/Money_implies_poverty