Technically I agree with you here, at this point in time gold is not a currency, if the powers that be decide to adopt it as a currency, or create a currency or crypto backed by gold, that that is a different story.
Gold is money, currency is not money, they are different things all together.
Currency does not store value over long periods of time, if I had a dollar from 20 years ago that would buy a lot of lollies, but if I held that same dollar, put it under my mattress for 20 years then went to the lollie shop today what would i get? Sweet FA! Why? Because currency does not store value. Gold does, period.
Add to My Watchlist
What is My Watchlist?