If it did, you wouldn't be making the arguments that you do.
Gold, like fiat, retains value pretty much due to how people perceive its worth. The Aztecs used it to decorate shit and not for money, the Spaniards thought they were crazy. Comparatively, diamonds are not rare, but people think they are, and way over pay for a fucking rock due to a successful advertising campaign going back decades.
If it did, you wouldn't be making the arguments that you do.
Gold, like fiat, retains value pretty much due to how people perceive its worth. The Aztecs used it to decorate shit and not for money, the Spaniards thought they were crazy. Comparatively, diamonds are not rare, but people think they are, and way over pay for a fucking rock due to a successful advertising campaign going back decades.
Fair enough - I’m wrong.
Your reply was surprise to be sure, but not an unwelcome one.
God bless.
Lead by example, am I right?
May God bless you as well.