Fiat is designed to eventually fail.
It’s like a very stretched and long tailed Ponzi scheme.
But what can replace fiat? Can we go back to the gold standard? Maybe, based on countries buying up lots of gold we might be headed that way.
But, will we actually be exchanging gold metals? Or will there be a government gold backed centralized crypto?
I have a very bipolar relationship with metals these days. One second I’m ready to press the buy button and order a bunch of gold and silver. But sometimes I’m thinking about saving for rental properties, growth stocks, or dividend stocks.
Obviously crypto is where all the opportunity is, but I’m into the diversification mindset. Which doesn’t mean “buy more crypto” it means buy not crypto and let it grow.
But, I still keep an eye on the metal prices waiting for a capitulation dip in order to load up on my shiny coins. :)
