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Geopolitics & Empire cover image

Shanmuganathan Nagasundaram: Death of the Dollar & Coming Transition Back to Gold

Geopolitics & Empire

NOTE

Desirability Determines Value

Bitcoin lacks lasting desirability as a currency, raising concerns about its future functionality and durability. Unlike Bitcoin, gold and silver possess intrinsic properties that support their longstanding value and diverse applications. Increased availability of precious metals would only enhance their usability, highlighting the fundamental differences between cryptocurrencies and traditional money. The historical resilience of gold and silver as currencies over 4,500 years suggests a potential return to their prominence in the coming decade.

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