3 ms·
gold makes a horrible currency, very volatile. No one wants to settle debt in gold due to the volatility, number one goal of currency is predictability. You sho
by HDThoreaun 1y ago
gold makes a horrible currency, very volatile. No one wants to settle debt in gold due to the volatility, number one goal of currency is predictability. You should be able to guess about how valuable a currency will be 10 years from now. This requires fiat.