Wang Yongli, former Vice President of the Bank of China, argues against returning to a gold standard or using cryptocurrencies as monetary anchors. In his article, Wang states that modern currency has evolved beyond metal-backed paper money and is no longer tied to specific tradable assets. He asserts that anchoring currency to any specific wealth type would hinder its ability to adapt to changes in the total value of tradable wealth, potentially stifling economic and social development due to currency shortages. Wang views attempts to re-anchor currency, whether to metals, cryptocurrencies like Bitcoin, or other assets, as misunderstandings of monetary principles and development trends.