Huh? Adoption of gold is in the billions of users.
Every single Indian and Chinese household that has any money at all owns at least some gold in the form of jewelry.
Every single Indian and Chinese household that has any money at all owns at least some gold in the form of jewelry.
To be fair, gold has had atleast 1000 years to gain adoption as money by half the world. Crypto in comparison will probably reach that level of adoption after 30-50 years of existence.
We've found gold ornaments in pre-pottery neolithic sites dating back thousands of years. The % of people who want to own gold was near 100% even thousands of years ago.
If anything, gold adoption rate has declined in the modern fiat age, at least in western countries.
I didn't say it did, you seem to have misread my post.
>It always had the current adoption rate.
>The % of people who want to own gold was near 100% even thousands of years ago.
I dont know how you could possibly make a claim like this and defend it. Source?