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RE: The Future Of Gold: Not Great

in LeoFinance3 months ago

Not sure about this; your arguments are good, but I think the financial system is going to undergo a huge change in the next decade with digital fiat currencies coming. I guess the question is whether modern monetary theory will work or if people in the end will want to have it backed by something like gold. And of course also how successfully cryptos can replace the current model

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I would agree with you about the system undergoing massive change. Yet what you mentioned actually plays less into the idea of physical stores of value.

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