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![peruvian_bull Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1336134236235919361.png) Roberto Rios (Peruvian Bull) [@peruvian_bull](/creator/twitter/peruvian_bull) on x 122.9K followers
Created: 2025-06-23 15:57:23 UTC

Gold cannot be money because it is infeasible for micro transactions in the modern digital economy

Are you going to walk around paying flakes of gold for your coffee or some takeout? 

You won’t, which is why you’ll put it back in the hands of centralized custodian who will issue you paper

Which brings us all the way back to square one with the Fiat fractional banking standard


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**Related Topics**
[all the](/topic/all-the)
[banking](/topic/banking)
[fiat](/topic/fiat)
[money](/topic/money)

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