If we ever see another implementation of the gold standard, it will be for a short time.

The gold standard is great for a local economy (within your same town) but it does not make efficient long distance transactions (state to state or international). Any long distance transaction with gold requires additional security and transportation costs. Also anyone you trust to deliver your gold for a long distance transaction is essentially a bank. Banks that are most trusted in gold transactions and grow in power will eventually repeat the whole fiat cycle we're in to get more resources.

Long distance transactions will be where crypto comes into play. As long as the electricity and internet are stable (or perceived stable), crypto with good fundamentals will be extremely successful and used by the world. Some good fundamentals are: limited supply, decentralized in ownership (a few don't hold everything in the blockchain), scalable to millions, proven code security and not a history of security problems.

Crypto doesn't require a 3rd party to transact like gold does. It comes with benefits of gold in having a limited supply and electronic fiat in that it can be transacted near instantaneously around the world.

But you have to research a lot to find the one you think is good. Every one has pros and cons, even Bitcoin has its flaws and that is normally the go to.

I personally am a big fan of Cardano but don't take my word for it. Research proof of work, proof of stake, Bitcoin, Ethereum, XRP, Cardano... Any of them in the top 20 on coinmarketcap is worth at least an internet search to find out what its about. You will quickly realize several are not worth your time going into deeper for investment.

The ones that are worth their salts are blockchains without hacks, without downtimes, that have a functioning way to upgrade their blockchain, that have active developers... Many will have a few here, a few there. You want one with it all.

If we ever see another implementation of the gold standard, it will be for a short time.

The gold standard is great for a local economy (within your same town) but it does not make efficient long distance transactions (state to state or international). Any long distance transaction with gold requires additional security and transportation costs. Also anyone you trust to deliver your gold for a long distance transaction is essentially a bank. Banks that are most trusted in gold transactions and grow in power will eventually repeat the whole fiat cycle we're in to get more resources.

Long distance transactions will be where crypto comes into play. As long as the electricity and internet are stable (or perceived stable), crypto with good fundamentals will be extremely successful and used by the world. Some good fundamentals are: limited supply, decentralized in ownership (a few don't hold everything in the blockchain), scalable to millions, proven code security and not a history of security problems.

Crypto doesn't require a 3rd party to transact like gold does. It comes with benefits of gold in having a limited supply and electronic fiat in that it can be transacted near instantaneously around the world.

But you have to research a lot to find the one you think is good. Every one has pros and cons, even Bitcoin has its flaws.