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Gold, in the end, is a physical, shiny metal that people find aesthetically appealing and there's a limited amount of it out there. For thousands of years peop
by nlh 4y ago
Gold, in the end, is a physical, shiny metal that people find aesthetically appealing and there's a limited amount of it out there. For thousands of years people have desired gold things and valued it.
Sure, people could collectively decide that gold isn't valuable and that certainly happens to some extent as the commodity markets fluctuate, but in general when you get to the bottom of the turtle stack, gold has more fundamental value than most other forms of money.
- mekster 4y agoWhy not mention about its industrial use?