It’s been a while since you last commented. It’s nice to see you in my comment section once again!
Thanks for sharing the Rule of 72; I actually learned something new today.
Just a quick clarification: 'Chacha Deeno' isn't actually my uncle. He is the uncle of my friend, Ahmed Gulzar. Regardless, the rest of the story still makes sense no matter who he is. I mentioned this in the story, so perhaps it got lost in translation.
Like you mentioned, I also get frightened when I hear about bank fraud. When the banking collapse happened in Afghanistan a few years ago, I began questioning the stability of the US Dollar and other global currencies. In the end, we always find our way back to decentralized currency because one war can wipe out fiat value. I know it’s much harder for that to happen to the US Dollar, but it’s never impossible. Or perhaps the world will simply shift to a new standard like the Euro.
As for silver and gold, you can’t go wrong with them. They are easy to understand and have real-world utility. Now we can even buy digital gold, like PAXG, or digital silver with as little as $1.