Currency is probably one of the greatest developments in human history. Fiat currency is an extension of that. If you believe that gold is a store of value, it becomes as fiat as -fiat- is. And in the end, a piece of gold isn't worth anything, except what somebody thinks it's worth. I personally think it's worth whatever value it has as an extremely low resistance metallic element. I think natural diamonds are more worthless than that.
To a person dying of thirst in the apocalyptic armageddon that's coming to us because we dared to base a monetary system not on the finite amount of gold that is here on earth(that we've found), an ounce of gold won't be worth shit.
To the goldbug libertarian who thinks that Bitcoin is the answer... Electricity and federal investigators would like to have a word with you about your recent electrical use and the logs of your internet activity.
The only thing that could be better then our current monetary system, is one based on time. Unfortunately, I have no idea how that works, and why it undervalues certain peoples and locations quite a bit.