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RE: South Africa joins the party
Yes, when hyper inflation comes
I think cryptocurrency is taking its place now as a safe store of value
This is the point of this article. A country rich in gold is turning to cryptocurrency instead gold to store wealth
Yes, we are moving on with technology. Gold might come redundant in the future. Even oil too.
Oil is going down. I believe we are beyond Peak Oil already.
That is why OPEC is not cutting supplies and USD is tanking
https://en.wikipedia.org/wiki/Peak_oil
Gold will always be here. To be used by central banks and people without computers or smartphones
Yip, I agree. Both will be there but the role it plays will be smaller and smaller.