What you’re saying is bitcoins adoption and trade of nations is a theory. I agree.
What isn’t a theory is that gold was used for thousands of years: there was a purpose and reason. This is fact.
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The story which Austrian economists point to regarding the history of monetary exchange often oversimplifies the role of gold in the market.
The anthropological history of monetary adoption does show weak money being supplanted by hard money, but it doesn't show thousands of years of ubiquitous gold standard across the globe.
The anthropological history of monetary adoption does show weak money being supplanted by hard money, but it doesn't show thousands of years of ubiquitous gold standard across the globe.