I’m sorry, what? Gold has value regardless of if there’s a government backing it or not. That’s the entire point of investing in it, as a buffer for when fiat loses its value.
What uses gold when you’re buying/selling potatoes, nobody will think gold is worth anything if society has collapsed it’s just a useless hunk of metal
I’m sorry, what? Gold has value regardless of if there’s a government backing it or not. That’s the entire point of investing in it, as a buffer for when fiat loses its value.
What value? Can’t eat it, makes shitty tools. It’s shiny, but I’m not going to trade ny potatoes for shiny in a survival situation.
You can starve sitting on a pile of gold.
For gold to be valuable you still need social stability.
I don’t think you understand what value means, and that’s okay.
What uses gold when you’re buying/selling potatoes, nobody will think gold is worth anything if society has collapsed it’s just a useless hunk of metal