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MercSLSAMG t1_j1gmr40 wrote on December 24, 2022 at 4:42 AM

Reply to comment by XSauravX in Eli5 Why did Canada get rid of it's all gold? by XSauravX

There will never be a need of gold as a currency, only as a commodity. Gold is the same as lumber and oil - they are commodities that are traded for a set value.