Gen Z'er on why Fiat will go the way of FTX and why no Country will ever make Gold a currency again!

Before you Boomers hate, might want to actually listen to this young man. 👂
The world is going digital. Gold has the ability to transport money over time, but not space. In this increasingly digitalized world, money must have the ability to be sent anywhere, quickly and cheaply, and be able to retain or grow its value over time with little to no manipulation by nation states. Gen Z prefers decentralized currency over centralized fiat dollars, CBDC or corrupt central banking institutions. Counter Party Risk is not something younger Generations want to trust.

Young people will inherit the earth and they aren't fixated on precious metals like older generations.
They are focused on decentralized, digital assets, that no government can control, price manipulate, or steal at will.
Gold is very useful as a back up reserve asset, and countries will keep stacking it in their vaults. But it will never again be money.

Give this young man your ear. 👂

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