I’m in favor of the gold standard over fiat any day, but before the end of this century they’ll be mining the asteroid belt, and there are incomprehensibly large deposits out there that will play havoc with a gold standard.
The crypto standard of Bitcoin’s reliance on open source and immutable math mean the fixed pool can always remain a reliable measuring stick and function more smoothly as a medium of exchange.
they’ll be mining the asteroid belt
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And mining costs will be astronomical. If that becomes the case, $15,000 t/oz plus will be the norm.