While fiat currency endures, you can convert some of it and make purchases with it. This is Greshams law in operation: use the Govt’s bad money instead of your good money
When fiat currency fails, you will be able to convert to the next fiat. This is also Greshams law in operation: use the Govt’s slightly less bad money instead of your good money
And if the nation suprises us both and moves to digital transfer of ownership of precious metals (e..g transferring ownership of a mg of silver by swiping a card) then you are well set up for that by actually owning some Gold and Silver.
Hope this was helpful.
Many thanks. I’ll sure consider it.