Gold bugs cant stop talking about revaluing the gold This would be great in a single cause and effect system The problem? The other powers countries and citizens ie China, India, Russia likely have more gold According to "official stats" china and russia have the same amount of gold - that makes no sense So whats my point? This situation has played out before In 1800s Qing Dynasty in China tried to push for a Silver Standard but the West pushed the Gold Standard - Apart from gold being rarer they went with the British who were the financial capital of the world and strategically moving to Silver would have sided with the wrong polar. Not to mention that at the time large silver mines were being discovered further making it a weaker option. Today the US as the financial centre has the ability to start as the British did to create the Bitcoin Standard and not just solve debt but win globally and leave huge space between itself and the other polars. Not only that - today gold is literally the symbol of centralisation the very reason china likes it - it can be controlled and domiciled. Bitcoins symbolic of freedom. So how does US do it? Well how about ETFs, MSTR, add Bitcoin into 401ks and spread enough through the system that even people who dont like Bitcoin benefit. States have an uptake in Bitcoin and then slowly increase US government adoption while continuing to show support While its left field of the norm if you think that they havent thought about the consequences of supporting gold globally (which historically keeps not working especially in a new digital world and remember that the concept of money is a meme) its not as crazy as one would think to take the extra step towards Bitcoin