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To: Rockingham

Not really. For casual out of pocket gold coins are freaking useless. The market value is too high, nobody can “make change” for $2000 and ounce gold. Crypto on the other hand is available via phone app. You can hook your GooglePay or whatever up to your crypto wallet and tap and pay. Now admittedly that’s gonna be someplace with modern tech. But non-modern places will have all the same problems with gold coins as modern, as well as not having tap and pay system. Once you get away from modern tech you’ll learn quickly how little use all of forms of money. Because they’re not connected to the all those convenient lies, they tend to only want things with intrinsic value. Jimmy Buffet used to keep a box of old tour shirts in his seaplane when he was kicking around the Caribbean, in a lot of places those t-shirts were way more help than dollars.


104 posted on 12/30/2023 5:23:39 AM PST by discostu (like a dog being shown a card trick)
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To: discostu
Third World marketplaces commonly have moneychangers. They routinely take gold coins and bullion and convert them into one or more preferred currencies.

In 2023, inflation ravaged Zimbabwe issued gold coinage and announced plans for a gold backed crypto currency. In a pinch, when the local government has destroyed the value of its currency, gold money -- and a gold-backed crypto -- beckon as a way back.

105 posted on 12/30/2023 6:57:06 AM PST by Rockingham (`)
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