All gold buggers are little minds.
Gold was money because until the modern age of electronics it was completely useless. You don’t want your money to be consumed to make stuff or feed people. So we decided to make it money. And now small minded people who don’t understand history think it is innately valuable. It isn’t. Innately valuable things make bad. But we’ve been pretending it’s valuable so long people forget it’s a lie.
Why Has Gold Always Been Valuable?
Again you completely miss the point.
The need for gold as a backup for money is t keeps governments from printing money at the rate our government prints it.
It is the only way to bring sanity to the budget process.
A required gold reserve would also end the fallacy that the government can manage the economy. The record demonstrates that the Federal Reserve has done nothing more than harm, upset and render business and personal planning very difficult.
The Federal Reserve is a scam in the same class as the wu-flu and global warming/climate change.
THHHHAAAAAATTTT's why.
Not because it was shiny and attractive, never tarnished, malleable, rare, and could be pounded into a sheet so thin you could use it to plate anything.
Rocks are (by your assumed definition) completely useless, yet they never took off in value.