It allows for financial autonomy from "summary" of The Fiat Standard by Saifedean Ammous
Financial autonomy is a fundamental concept that is often overlooked in discussions about money. In the modern world, where fiat currencies reign supreme, individuals are subject to the whims of central banks and governments when it comes to their financial well-being. The value of fiat money is determined by these institutions, making it vulnerable to manipulation and depreciation. In contrast, a system based on sound money, such as the gold standard, allows for financial autonomy. When money is backed by a tangible asset like gold, its value is not subject to the arbitrary decisions of central authorities. This gives individuals more control over their wealth and financial security. They are not at the mercy of inflation or government policies that devalue their money. With financial ...
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