What if it really doesn't matter.

USD is placed on a blockchain managed by the Fed.

Gold and Silver physical reserves are backed via private blockchains as sound money with some utility.

Bitcoin's there, and it's a scarce store of value, but with all of the other precious and rare natural resources tokenized, there's no reason to prefer it over any other rare commodity with utility.

Altcoin protocols and digital applications are adopted by Visa, Paypal, Mastercard on private, interconnected blockchains that eliminate the need to own a public cryptocurrency.

They can just slap blockchain on the existing system, and it works. And it makes a lot of sense. I'm scared.

oracles
link tying it all together into an internet of contracts

gold backed currency only works when you have a central bank buying/selling large amounts of gold to desperately try to keep it stable. your currency then becomes devalued because of new gold finds and because your enemies can try manipulating the gold price. that's why America stopped using it so that they had sole control over their currency.

a mathematical algorithm will always be superior to gold, so it's inevitable that bitcoin or something similar will replace it.

>>60505920 (OP)
This is the direction the LINK marines thought the crypto industry would go 8 years ago.