Whereas, the confidence of goldbugs in gold is actually a historic perspective which is probably overconfident. The future of gold as a reliable settlement vehicle
is dismal.
If it's so dismal, why can't you name a single counter-example to replace it?
I already did. My perspective is future oriented. Gold's
dismal future is baked in regardless of whether a replacement is developed.
Currency never holds value.
Please distinguish between the
corrupt seniorage system of fiat and that of correctly distributed crypto-currency.
Corrupt top-down controlled systems rot and decay. Decentralized paradigms are antifragile. Gold is no longer decentralized because it has lost its unit-of-account and unit-of-exchange usage, thus the market makers (for liquidity) are top-down controlled.