About the value. of gold and Fiat (ruble, yuan, Euro, dollar) money in simple words.

Value-can not come from an empty place, it appears in a new place, due to the fact that in the old place it decreases.
No need to take my word for it, just try to realize it at your leisure by examples from life.
Example:
today in the world 100 trillion.$ money (value of all money in the world = 100 000 000 000$)
a total of 14 zeros.
Of these, the value of tokens 100 000 000 000; (total 11 zeros, only three zeros should be added to them to compare)
Statistics show that the value of tokens increases 20 times in 4 years.
(10 years is sufficient for the production of conclusions volume of statistics)
If you have already completed the 6th grade in mathematics, then you can calculate yourself,
after how many years the value of tokens and old money will be equal.
By then, it's easy to understand. ,
those who kept money in dollars (and not in gold, real estate or shares of enterprises),
will be exactly 2 times poorer, as tokens have already taken half the value of the dollar.
This will be expressed in inflation, but since everything in the world is estimated in dollars,
then no one will notice,
as the custodians of these dollars became 2 times poorer, and those who managed to hop on the crypto train in 20-400 times richer.
Actually it was the answer to the most popular question " and not a pyramid?"
Now, whose side are you on?

But the government should not worry, because the more values citizens have, the more they are ready to invest in the economy of their native country,
it is only important that the country behaves as a native, and not as a stranger, then the value will not flow abroad.
The value is affected by the cost of money (to a lesser extent)
trust and liquidity (to a greater extent)
Here it should be noted that the cost of for example bitcoin is always approximately equal to its value, and as a consequence, the value.
Most of the remaining tokens are valuable mainly due to liquidity and are less backed up by cost.
Below you will find out that the value of gold also depends heavily on the cost of its production.
(This difference from other tokens gives bitcoin the full right to wear the crown of "digital gold", and it will be difficult to move this standard in the next 8 years.)
To fill the currency with value, there is no need to provide it with an equivalent amount of non-ferrous metal.
Dollar with his printing press is not switched off it has long been proved.

Gold-it can fall in price, but not depreciate! Do not expect that bitcoin will replace or depreciate gold.
Not only because of the ever-growing cost of its production, but primarily because of the inability to destroy, not subject to corrosion.
(all other any kind of money including bitcoin could theoretically be broken)
The beauty of gold and jewelry is not at all, it is not an eternal question of chicken and eggs,
in the case of gold, it is obvious that it is worn only because it is expensive (and not it has become expensive due to the fact that it glitters)

Fiat money-Yes there is nothing to say, since they are cheaper, everyone will try to get rid of them,
and then you yourself remember if you were born in the 20th century.

About inflation - inflation is bad when you do not expect it and are not ready for it, or if it concerns the world currency,
(the means of settlement between States will disappear)
And if inflation is planned to lay in the algorithm and it will be expected and predictable,
that this process is very easy to manage.
(children from school will know that a lot of money is bad, that as soon as there was money they need to spend or invest, )
And such a currency "planned cheaper" may well become a national currency such as Russia or any other country.
This is what I previously described as a method to completely abolish the "tax" system in favor of "emission".

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 A. A. Artemov, 2018.12.04. All rights reserved