WHAT WOULD HAVE HAPPENED IF THERE HAD BEEN LESS/NO PAPER GOLD?

Today there are 150 fake little gold chains for every real gold chain.

Let's assume this possibility didn't exist — the possibility of fooling the unfortunate suckers 😂, a possibility that exists precisely because the suckers exist (if someone's selling it, someone's buying it, are we on the same page so far? 😂).

Without this possibility, it seems obvious to me that you couldn't have handed paper to every person asking for gold (I repeat, not because I'm the idiot, but because a lot of you are 😂).

So what the hell would they have had to do?

Look for new mines, assuming there were even enough of them. Find some poor sucker willing to mine it.

What do you think... 😂😂😂 Drumroll...

Is the path above easier and less exhausting, or is it easier to make the paper-gold buyer believe he'd get the gold, if he ever asked for it? 😂😂😂

P.S. This obviously applies to EVERYTHING: oil, gas, wheat, corn, cotton, EVERYTHING.