Another great and thought provoking opinionđ«Ą
⊠I agree that sovereign debt will be allowed to be âdebased/inflated awayâ against a commodity or âbasket of commoditiesâ with gold being an obvious choice but it would seem there is a very likely possibility that when the dust clears on what amounts of physical gold different sovereigns actually hold (still pretty opaque at the moment) the âwestern economiesâ will be significantly less capitalized in terms of physical gold than the larger BRICS nationsâ economies (if you believe conventional wisdom)âŠwhile the west holds a larger portion of âBTCââŠin this scenario would it not be in the interests of the western economies to allow BTC to also seek itâs ârealâ price discovery against fiat?
âŠjus axin for a frenđ€đ
