I don't think it would, because all it would take is some people to want to buy it for speculation purposes, and it would have nonzero price. Sure, it's a dead

I don't think it would, because all it would take is some people to want to buy it for speculation purposes, and it would have nonzero price. Sure, it's a dead asset producing nothing and having not much use. But it's easier to transfer than stocks or bonds, and does not suffer of unexpected supply inflation.