I'd argue that the problem is the standard, not the gold.
As long as govs make up some kind of standard that they then break because they spend more than they got, shit shall hit the fan. Since this has been the case since forever, shit shall simply hit the fan, no exceptions.
Reminder for those combining the truly incompatible word bitcoin with such principle of a monetary standard that is enforced by govs: for someone that is in debt, NgD is super important. And guess who are always in deep, deep debt? Governments. They have another standard, where govt debt is measured against GDP - which includes the fruits of your and my labor - instead of revenues, to make it look as if all is fine. BUT IS IT?
standard, not thegold.bitcoinwith such principle of a monetary standard that is enforced by govs: for someone that is in debt,NgDis super important. And guess who are always in deep, deep debt? Governments. They have another standard, where govt debt is measured against GDP - which includes the fruits of your and my labor - instead of revenues, to make it look as if all is fine. BUT IS IT?