You'll get no argument from me here.
Still, it bears reminding that the price of gold in terms of commodities has remained quite stable over the centuries. NO other fiat currency has managed to do this feat. NONE.
In any case, while I do own some gold, my currency of choice is Bitcoin. It has none of the problems you cited, and I don't have a religious dogma that my money need have "intrinsic" value for it to be useful, so Bitcoin suits me.
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