People have traded gold for a really long time. With accurate measuring devices and the internet for variable prices, why do people use individual nations currencies and crypto which are often unstable?
In: Economics
Say you want to buy some gum for $1.50. How would that transaction go? Would you give them a tiny little grain of sand sized piece of gold? Don’t you think it would be dangerously easy to lose a lot of money walking around with tiny little flecks of gold?
Latest Answers