Win
NES Member
Preface: I will always continue to buy and value precious metals. With that said, I think folks around the world have become so confused by fiat currencies that they fail to see the value in actual money. If you look at the balance sheet and debt of the US, you wouldn't imagine that the issuer's currency would be worth much (not to mention that they wouldn't be able to borrow - but they are!) This common thinking that currency doesn't itself need to have any inherent value is also seen in the cryptocurrencies. It's not much a stretch to go from fiat currency to cryptocurrency. I don't think you would be able to move people from 64 and earlier silver and gold money to cryptocurrency but the fiat currency intermediary made it possible for people to see cryptocurrency as actual money. Many people now believe that there is value in having ownership in the latest block of one of the over 1,300 cryptocurrency blockchains. Some of those folks will laugh at the idea of the cryptokitties having value but I don't see why. What would be the difference in owning the current block of a cryptocurrency as opposed to the latest block of the cryptocat or owning nothing at all for that matter? None of those items have any inherent value. None of those items have the same immutable and valuable properties of precious metals. I don't know that the time will again come where people understand what money is. That time may have passed.