3 ms·
Not sure about gold in the really long-term. There is some data but those comparisons are quite difficult and often flawed. For example, the amount of work you
by RandomLensman 3y ago
Not sure about gold in the really long-term. There is some data but those comparisons are quite difficult and often flawed. For example, the amount of work you can buy per unit weight of gold might very well be down noticeably from the middle ages.
Bitcoin we can come back to in another 150 years or so.
- olalonde 3y ago> For example, the amount of work you can buy per unit weight of gold might very well be down noticeably from the middle ages. Interesting, I didn't know that. On the other hand, it's hard to imagine what other asset would have successfully preserved its value all the way back to the Middle Ages. Certainly not company shares. Real estate maybe? Although that would require maintaining ownership through numerous wars, revolutions and tax regimes.