[ric2b]

> The Great Depression.

What commodities ceased being traded during the Great Depression?

> Are we talking about store of value or medium of exchange?

Mostly store of value for now, both when adoption improves and LN support is more widespread. Eventually the base layer will also need some capacity bumps.

> Soros' comments on gold are helpful.

A multi millennium bubble? Can't get more unprecedented than that.

[xapata]

In case you're not familiar with it, the Great Depression was a period of deflation.

I'm guessing you didn't bother reading Soros' comments I linked. Or maybe you're pretending you don't know the typical usage of "bubble" is in this context?