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I think gold will be around for a while. In 25 to 50 years, or longer, people may be talking about paper money like our parents talked about only having a radio for home entertainment options. Our childen's grandchildren will be amazed when told that people went to a large stone building with marble floors and counters to store their extra paper money in huge vaults.
A local successful pizza shop has put their business in one of our oldest vacant banks. Not surprisingly, they call their place, The Vault. Large banks have been downsizing for a couple decades now. I'm not sure if they're close to the tipping point.
The tax blood suckers in Congress have not yet figured out how to assess or collect taxes on this asset class. If banks wish to survive, they better get on board. I only have a small investment in digital currency at the moment, and have been hesitant to add to it.
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One of the downsides of the Internet is that it allows like-minded people to form communities, and sometimes those communities are stupid.
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