Gold was money for thousands of years because of its scarcity and durability. But as global trade grew, gold’s limitations became clear—it couldn’t keep up with the pace of commerce. Enter gold-backed currencies… and the beginning of gold’s downfall.

BRICS nations think a gold-backed system is the solution to the dollar’s dominance. Would have been a great idea…if Bitcoin didn’t exist. Now it is 100% doomed to fail.