
193. Broken Money with Lyn Alden
The Bitcoin Standard Podcast
Gold's Declining Hardness and Increasing Fake Gold Issue
The increased industrial use of gold is reducing its hardness and availability for monetary purposes. Using gold for industrial purposes leads to a decrease in its stock to flow ratio, as it is taken out of the monetary stockpile and buried underground again. Additionally, the rise in fake gold in the market poses a significant challenge for the reliability and value of gold.
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