What do you mean gold worked out? 65% of Americans live paycheck to paycheck. 70% of the wealth is held by the top 10%. The dollar is down 97% and gold doesn’t offer any solution. It’s like a band aid for an open wound It is a part of the fiat system… it’s not opting out to own gold. It’s literally perpetuating it. Monero is no different either. Adding tail emissions and accounting for inflation is literally accepting defeat to a dying system. There’s no need to tax the holder and debase them for “security”. If it was actual sound money it would incentivize a free market, not have a pre planned price control (which is by definition not capitalism). It’s the weakest narrative in all of crypto.

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1984 1 month ago
I mean, even though there is inflation and people have used it in trade/medium of exchange. If you bought an ounce of gold in 1970 (37 USD), the price today for that ounce would be 4,353 USD. So, imagine people were still paid somewhere around 4 ounce of gold a day (as they used to be). People wouldn't live paycheck to paycheck anymore. The problem is that you have allowed criminals to control the USD.