lack of inherit value. Gold for instance is a substance that can be utilized in the real world and has unique properties. Granted though its value is most in theoretical money uses. It does have a floor value though in its physical nature.
this is not talking about currency though but as a reserve. Anything your collecting into a reserve be it grain, gas, oil, or gold ; should have inherent value. So I get what your saying but if you look back at the thread the whole thing is about creation of a reserve and we are not talking in terms of currency.
lack of inherit value. Gold for instance is a substance that can be utilized in the real world and has unique properties. Granted though its value is most in theoretical money uses. It does have a floor value though in its physical nature.
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this is not talking about currency though but as a reserve. Anything your collecting into a reserve be it grain, gas, oil, or gold ; should have inherent value. So I get what your saying but if you look back at the thread the whole thing is about creation of a reserve and we are not talking in terms of currency.
I’m pretty sure if you are going to hold something in reserve you for sure want it to have inherent value though, right?