Simon Goldberg presents "You and Your Cash"

[longdog]

I'm pretty sure Baron von Trampbeard was talking about a lien based cryptocurrency before O'Bonkers and Goldberg were.

[John Uskglass]

Hilariously, If you click on the side bar link for 'Cryptocurrency', you find an article entitled; The End of All Digital Currency?

https://www.youandyourcash.com/blog/the ... l-currency

Google is going to kill off digital currencies apparently, and so the advice is:

In my opinion, the way forward is gold. If you would like to learn more about buying gold and other precious metals, click here

Admittedly it was posted in 2019, but even so...

[Pottapaug1938]

Gold? Ahahaha....

Gold is deflationary; and a money supply based on gold was one of the things which made the Great Depression so much worse that it might have been, since it limited the money supply, resulting in too little money chasing too many goods. It's also a historically bad investment, because it pays no interests or dividends, and costs money to store and conceal. It is liable to stolen, at gunpoint if necessary, if anyone learns of your stash; and the price is subject to manipulation by gold producers who dump gold on the world market, or withhold it. It has never outperformed the stock market over any 10-year period, not even during the Great Depression. Gold has "intrinsic value" only because people think it does. In reality, gold is just another commodity.