3 ms·

Humanities biggest ever wealth storing thing is literally a ROCK

• red369 1y ago
  These? https://en.wikipedia.org/wiki/Rai_stones https://en.wikipedia.org/wiki/Rai_stones The first photo in Wikipedia is great. I wonder how often foreigners bought them and then lugged them back home to have in their garden.
  • jerrre 1y ago
    gold
• hannasanarion 1y ago
  Yeah, because rocks EXIST. If gold loses its speculative value, you still have a very heavy, extremely conductive, corrosion resistant, malleable metal with substantial cultural importance. When crypto collapses, you have literally nothing. It is supported entirely and exclusively by its value to speculators who only buy so that they can resell for profit and never intend to use it.
  • boc 1y ago
    Well, not literally nothing. You have all that lovely carbon you burned to generate meaningless hashes polluting your biosphere for the next century. That part stays around long after crypto collapses.