Is the #Goldback a good store of value? Store of value can be ranked according to the six following properties: - Scarcity: No capped supply but restrained by gold availability and capacity of production. - Stability: good stability relatively to an inflation index. Has seen occasional and short term periods of high volatility due to surge in demand (during Covid). - Durability: good durability, hard to loose but not indestructible. Can be replaced for new #goldbacks. - Portability: similar to cash. Not good for online payments and cross border migration (unless using a custodian). - Divisibility: correct, but not flexible and lower denomination will keep increasing with the price. - Acceptability: growing network but not high rate of acceptance yet. Still higher rate of acceptance locally than crypto by merchants who accept neither of them.