Global IT meltdown show perils of cashless society with almost half of Britons now leaving the house with only their phones as a means of payment
(www.dailymail.co.uk)
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Gold, silver, copper, platinum….. could it make a comeback in a world run by fear, gossip and computers?
It would be an awesome force to behold… it will also bring back more people open carrying and bring down crime. We can not have any of that though.
I often hear this said but under what sort of retail transaction system will make this work? How does anyone know what any of these metals might be worth, will the checkout person in the supermarket take your gold coin cut off a chunk and give you back the rest? These metals are just the same as the fiat stuff we carry around.
I concur that this was yet another example of push/nudge as we had during covid!
Pieces of eight!
Aaaarg, Me likes your thinking matey.
If the smallest coin can't buy you certain things, it might just be time to mint a smaller coin.