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XSauravX OP t1_j1g9ssc wrote

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

But it takes a lot of time to mine cuz it involves a lot of things and will that not create a problem when there is need of gold

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MercSLSAMG t1_j1gmr40 wrote

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.

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