When the first paper banknotes appeared, people were very skeptical about them. You could often see the text in the form on them: "The National Bank of the State X pays 1,000 gold (in gold) to gold". Even our old banknotes, until 1941, had this text. It can be found on the net This text does not stand there just for the sake of it. In the beginning, many people used this manual very well. As soon as they received the salary, they ran to the bank and changed the paper for gold coins, which they had paid until then, since most merchants and craftsmen still only accepted gold. After that, wholesalers began to accept banknotes and soon retailers. Thus, paper money began to circulate directly between banks, traders and consumers, and its value in relation to gold quickly became irrelevant, as only gold became high in payment transactions. And now in this story, the word "bills" is replaced by "crypto", and the word "gold" with "cash" ... and things will become much clearer.
By the way, no gold does not always grow in value. There was a period of human history when in some places gold was even worthless. It does not eat, that's the problem. For example, I often heard from my grandfather that peasants during the Second World War sold food to Belgrade jewelers, etc. ... Afterwards, the Partisans shot them like that. What are you, the Partisans did not pay the market economy ...
Obviously, you do not know enough about the history of money. When the first paper bills appeared, people were very skeptical about them. You could often see the text in the form on them: "The National Bank of the State X pays 1,000 gold (in gold) to gold". Even our old bank notes, until 1941, had this text. Look for the net picture of a wallet from the time of Obrenovac and Karadjordjevic, so you will see yourself. This text did not exist here only for the form. In the beginning, many people used this manual. As soon as they received a salary they ran at the bank and changed the paper for gold coins, which they had paid until then, since most traders and craftsmen still accepted gold only. After that, wholesalers began to accept bills and soon retailers. Thus, paper money began to circulate directly between banks, traders and consumers, and its value in relation to gold quickly became irrelevant, as only gold became high in payment transactions. And now in this story, the word "bills" is replaced by "crypto", and the word "gold" with "cash" ... and things will become much clearer.