Authored by Tom Luongo via Gold, Goats, 'n Guns blog,
That is what has driven gold underground, that and it’s lack of fungibility.
If you dig deep enough this is why the gold standard eventually failed. Lacked of divisibility is a real issue in an ever-expanding division of labor which the gold standard of the 19th and 20th centuries help develop.
You can't make change with gold, as simple as that. We have the same problem with earmarks and pension bailouts, we can't make change.
Bitcoin be making change soon, short chain liquidity. Eth contracts can make change. Swift banks, fiat cash makes change, to the nearest penny.
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