4 ms·
Gold actually has intrinsic value though. https://geology.com/minerals/gold/uses-of-gold.shtml https://geology.com/minerals/gold/uses-of-gold.shtml > Of all t
by Judgmentality 6y ago
Gold actually has intrinsic value though.
https://geology.com/minerals/gold/uses-of-gold.shtml https://geology.com/minerals/gold/uses-of-gold.shtml
> Of all the minerals mined from the Earth, none is more useful than gold. Its usefulness is derived from a diversity of special properties. Gold conducts electricity, does not tarnish, is very easy to work, can be drawn into wire, can be hammered into thin sheets, alloys with many other metals, can be melted and cast into highly detailed shapes, has a wonderful color and a brilliant luster.
- stale2002 6y agoGold has value if it is being used. It has no value, sitting in a vault. Go ahead and talk about all the use cases of gold, and how it can be used in electronics or whatever. But, regardless of that, all the vaults filled with gold, are a net negative on the world.