Not crypto, not gold. All of these have an implied or perceived value. This will last until people realize that the value is an agreement between them and others. Depending on how things are going there will only be some things that retain real value beyond prestige. Commodities. Raw resources will retain value forever or until spoilage. However refined there will be a value chain. Veblen goods are not practical, and as a result, will not hold up as a currency in any scenario where survival is the main priority.
Ok true, but gold has been valuable since the BCE, even when survival was the main priority and a much bigger concern than it is for a large amount of people today. I think humans are gonna see gold as valuable even in the worst of circumstances.
Not crypto, not gold. All of these have an implied or perceived value. This will last until people realize that the value is an agreement between them and others. Depending on how things are going there will only be some things that retain real value beyond prestige. Commodities. Raw resources will retain value forever or until spoilage. However refined there will be a value chain. Veblen goods are not practical, and as a result, will not hold up as a currency in any scenario where survival is the main priority.
Ok true, but gold has been valuable since the BCE, even when survival was the main priority and a much bigger concern than it is for a large amount of people today. I think humans are gonna see gold as valuable even in the worst of circumstances.