3 ms·
It would definitely be worth half its price as a reserve currency for purely industrial reasons, if not a bit more. Like if it became impossible to balance pay
by daniel-cussen 4y ago
It would definitely be worth half its price as a reserve currency for purely industrial reasons, if not a bit more. Like if it became impossible to balance payments with it, well like if it became irradiated long-term like in Goldfinger, but there was still some clean gold left and it was just for industry. People would totally invent new uses for it at half the price. They just don't even consider it because it's expensive.
- cowtools 4y agoThis reminds me, I was looking at the periodic table the other day and I noticed that gold actually has a pretty high electronegativity: almost as high as carbon! https://mappingignorance.org/2017/02/09/electronegative-gold/ https://mappingignorance.org/2017/02/09/electronegative-gold... Makes me wonder if there are a ton of unexplored properties and usecases for rare metals that we just haven't discovered yet.