There are crypto coins with & without blockchain restraintsCrytp coins with blockchain restraints, is the new gold.
The yellow metal gold is a dinasour now and on its last hurrah.
Till the reset of world central banks' digital coins without blockchain, which are
as fiat, made up nonsense as ever.
But really production of things and services ie a well functioning economy,
competitive with the emerging nations, is gold.
If don't have that then don't have a civilization.
All currencies are useless without production, which is civilization.
Otherwise currencies are useless wonders.
A responsible currency that grows and declines with production is money, because
corresponds to the productive capacity of a nation, presumably competitive.
Gold is dead in the water because it is being made to act dead in the water.
Otherwise
the devaluation of currencies like the US's, by massive money printing this
year a lone would have gold at $6000, and going up and down around that
level, with good and bad news in the economy or price of US dollar.
Gold is ultimately production which is an economy, which is civilization, and
whether real money as gold or blockchain crypto coins or as fiat money, but
can still be made to go up and down with production,
are
nothing without corresponding production, which is in a sense bartering, aka
jobs, real work.
Money, real or fiat, is nothing if no production to buy.
It only exists because we can't barter our jobs real time, so we in a sense
contrive jobs as corresponding money to jobs.
Jobs are the money or money maker. Money, real or fiat, has no relevance out
side that.
Jobs around money manipulation while real production is trying to take place,
are parasites and useless eaters. Evil even !!!!
If we could exchange barter, our jobs, real time, as our jobs' activities, and every
thing would be different.
But we can't and everything falls apart in acquiring money, real or i, and what
it can buy ie production, aka barter, aka real financial reality and civilization.
Acquiringj money as financial activities job, and are a parasite's job or skill and
essentially evil.
Is that marx, Adam smith, keynes or just common sense?