The Problem With Gold Coins

With gold, you end up trading a second layer of paper gold or derivatives. And so the gold was the best idea, but it wasn't. It was an imperfect idea for a monetary network. Bit coin is kind of the the closest approximation to that perfect monetary system because it's 21 million bi coin, it is sitting in siber space. Nobody on earth can figure out how they can mess with that ledger. If we do a deal in 50 years time, the deal stands and the value stands.