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2025-12-19 17:23:35 UTC
in reply to

npub1wu…0h6ym on Nostr: Can you give some details about what happened in AD 1025 (give or take) where gold ...

Can you give some details about what happened in AD 1025 (give or take) where gold failed? Is it the next sentence about fiat?

The very thing that you say caused gold to fail has happened or is happening to bitcoin today. It's not bitcoin's fault that we have custodians, notes, ETFs, etc., and it's not gold's fault that it had the same.