In any case we aren't meant to have a single currency to rule them all. If Bitcoin should somehow become the only currency then we are facing much of the same problem as with the Dollar. Currencies are meant to compete with each other.

Gold bugs basically sit around expecting things to collapse or for governments to repeg their currencies to gold. The narrative is always that within a few years they will have some giant price surge. I like gold and gold some, since it has some uses, but overall gold spent the past five decades get...

goldback?