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by npoc
180 days ago
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Fiat currencies are collapsing in value. It's a fact.
Price fiat in any hard asset like gold, real estate, bitcoin etc and it's obvious to see. The devaluation can be seen to be almost directly linked to the increase in the supply which approximately doubles each decade (no coincidence that real estate prices do the same). There is something very special about gold. It has the best monetary qualities of any physical substance. It is only bettered by bitcoin which essentially dematerialises gold - stripping away it's physical attributes that hinder it (portability, scarcity, verifiability, divisibility etc). |
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Where's your evidence?
I can answer that question: you don't have any. Your vague anecdotes don't count as such. You need hard figures and there aren't any showing any such thing.