Is there enough gold to sustain a gold-based currency?

2 months ago
251

"Yes, there is, because one of the reasons that gold has stood the test of time is that it's fungible. It means that any small amount of gold, the gold that's in that goldback, the gold that's in your gold coin, the gold that's in a candlestick. If I melt it down, it's worth the same. So, immediately gold is fungible." Jason Cozens, CEO Glint

@EconomicWarRoom @GlintPay

Loading 1 comment...