>If money was chosen organically by the free market, it would very likely be a fixed-supply money, not an inflationary one. I agree for the time before BTC solved the double-spend problem. That's bc u would always have to trust politicians to not devalue your money 'too much'
Im not sure about that, both fiat and gold used the same paper notes. There was no difference in ease of use for the consumer; the difference was whether it was backed in some vault or not
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Agree. My argument above is more for the Gold vs. Paper Money use-case, not Gold vs. Fiat use-case. Maybe the only thing that actually matters for Gold v Fiat is choosing between: Easy (& cheap) personal/business loans/credit. OR Hard (& expensive) personal/business loans/credit
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