Right. Even though it dropped 70% from 1980-2001.
In fact, every single fiat currency has eventually failed. Every single one.
How are those metal backed currencies working today?
Why doesn’t someone combine a cryptocurrency with Gold?
How are those metal backed currencies working today?
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Hmm, pretty good I’d say, since a 1964 quarter is worth about $4.50, and a $50 dollar gold eagle is worth about $1900.00.
On the other hand, the dollar has lost 96% of it’s value.