How is it a meme? Gold is actual money and it can act as savings or active liquid capital. It’s not hard to liquidate as of right now, which was my point. Will it ever be hard? Probably, but you can still own it and use it as collateral. You can buy pre-33 gold that survived the gold confiscation act in the US, so outlawing it doesn’t work. Also, the cost of selling it isn’t necessarily higher than buying it depending on when you bought it originally. If you want to survive a currency collapse, you should be looking at silver, not gold.
How is it a meme? Gold is actual money and it can act as savings or active liquid capital. It’s not hard to liquidate as of right now, which was my point. Will it ever be hard? Probably, but you can still own it and use it as collateral. You can buy pre-33 gold that survived the gold confiscation act in the US, so outlawing it doesn’t work. Also, the cost of selling it isn’t necessarily higher than buying it depending on when you bought it originally. If you want to survive a currency collapse, you should be looking at silver, not gold.