If you had $100 USD in the 1800's and you saved it as $100 USD, back then it would have represented as much as a year of someone's yearly income and today it's just $100.

FOr most of the 1800s, if you had $100, it was made of gold. or silver. The first greenbacks didnt roll off the presses until i think 1867.

that said, youre one of the first crypto people ive met that has understood this:

The second and perhaps biggest myth is that money is backed by something, when actually, money has never been and will never be backed by anything. It's just a ledger.

People think the current dollar is somehow worse than the gold-backed dollar, but at the end of the day, its all a ledger. We used to keep the ledger with gold, but now we keep it with computers in the federal reserve.

We know of nothing else that is so good at keeping value other than gold. It's quite incredible that the best ledger we have ever found is such a primitive thing that takes billions of dollars to dig it out of the ground and then we lock it in vaults underground again.

however, here youre a little off. Its not incredible at all that we have to dig it out of the ground.

Think for a moment. Where does the power to keep the ledger in BTC come from? From proof of work. They like to say that gold is a useful monetary standard because its scarce, but just being scarce isnt enough. Getting it has to take work...