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I'm pretty sure that if we consider only the industrial uses of gold, and the available supply, it would have a low value. Probably even if we count jewelery as

by indrax 13y ago

I'm pretty sure that if we consider only the industrial uses of gold, and the available supply, it would have a low value. Probably even if we count jewelery as a non-currency use. Almost all the value is because it's shiny, yellow, and traditional. Gold asteroid mining isn't too implausible, either.

deleted 13y ago
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penguindev 13y ago
> Gold asteroid mining isn't too implausible, either. More plausible than some hacker news post 'bitcoin 2.0 is here - look it's shinier!', though? Or 'new crypto currency approved by the US govt?' You think people won't reinvent this wheel to death? Sure, you could also synthesize gold from some nuclear reaction, or mine it from space... You pays your money (and you takes your chances)