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Gold is shiny, stable (chemically and nuclearly), heavy (harder to fake by coating a facsimile), and rare. It's not "useful" per se (outside niche applications)
by delecti 9y ago
Gold is shiny, stable (chemically and nuclearly), heavy (harder to fake by coating a facsimile), and rare. It's not "useful" per se (outside niche applications), but it definitely has a certain intrinsic suitability as currency.
- TeMPOraL 9y agoAlso, if all goes to shit, a bar of gold can still be used to club someone to death and take their supplies. Compare with bitcoin, which has no physical form and is only usable in context of present economy of technological civilization.