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How does gold have any true “worth”?
| .,,...,..,.,.,..,,:,...,::,...,:,.,.:..:.,:.::,,., | 10/07/25 |
| UhOh | 10/07/25 |
| .,,...,..,.,.,..,,:,...,::,...,:,.,.:..:.,:.::,,., | 10/07/25 |
| UhOh | 10/07/25 |
| kumbaya moderate sashaying into your thread | 10/07/25 |
| .,,...,..,.,.,..,,:,...,::,...,:,.,.:..:.,:.::,,., | 10/07/25 |
| lucius quinctius cincinnatus | 10/07/25 |
| Rampart | 10/07/25 |
| Louis Poasteur | 10/07/25 |
| no.1 clocksmasher | 10/07/25 |
Poast new message in this thread
Date: October 7th, 2025 9:40 AM Author: .,,...,..,.,.,..,,:,...,::,...,:,.,.:..:.,:.::,,., Sure it’s scarce and durable but who cares? You can’t actually do any practical shit with it so it could always lose all its inherent value. Why wouldn’t a scarce currency that society is dependent on existentially (like oil or something) be worth more? (http://www.autoadmit.com/thread.php?thread_id=5783975&forum_id=2).#49331391) |
Date: October 7th, 2025 9:41 AM Author: UhOh you burn oil and it's gone. gold can be reused over and over and over and over again and it never loses its luster. it's rare and magical. that's why it's so valuable. (http://www.autoadmit.com/thread.php?thread_id=5783975&forum_id=2).#49331392) |
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Date: October 7th, 2025 9:43 AM Author: .,,...,..,.,.,..,,:,...,::,...,:,.,.:..:.,:.::,,., can be reused as a means of measurement and for artistic expression and that’s how it commands high value. what a fraud existence life is (http://www.autoadmit.com/thread.php?thread_id=5783975&forum_id=2).#49331395) |
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Date: October 7th, 2025 9:44 AM Author: UhOh i mean we have to use some arbitrary thing as a store and transfer of value. might as well be something extremely malleable and indestructible. and it's rarity makes it necessarily more valuable than the alternatives (silver, copper) it's more efficient for states and super richmos than having to store shit tons of inferior metals. in hindsight it seems pretty obvious that gold was chosen.
a better question is why precious gems are so valuable when they can be so easily smashed into dust. |
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Date: October 7th, 2025 9:49 AM Author: kumbaya moderate sashaying into your thread (gunneratttt) "Why wouldn’t a scarce currency that society is dependent on existentially (like oil or something) be worth more?"
idk bro there seems to be some logistical problems with using large quantities of a flameable liquid as a currency. do you think we should be wheeling in barrels of oil into whole food to pay for groceries? |
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Date: October 7th, 2025 9:58 AM Author: .,,...,..,.,.,..,,:,...,::,...,:,.,.:..:.,:.::,,., https://www.dickblick.com/categories/painting/oil-paint/ (http://www.autoadmit.com/thread.php?thread_id=5783975&forum_id=2).#49331444) |
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Date: October 7th, 2025 9:52 AM Author: lucius quinctius cincinnatus (his own flesh as well as all space was still a cage) Our money was baller when it was made of 90% gold: https://upload.wikimedia.org/wikipedia/commons/8/83/NNC-US-1907-G%2410-Indian_Head_%28no_motto%29.jpg |
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Date: October 7th, 2025 4:03 PM Author: Rampart ( ) (http://www.autoadmit.com/thread.php?thread_id=5783975&forum_id=2).#49332306) |
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Date: October 7th, 2025 9:56 AM Author: Louis Poasteur Third worlders like to put it on their women and their religious temples (http://www.autoadmit.com/thread.php?thread_id=5783975&forum_id=2).#49331435) |
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Date: October 7th, 2025 4:09 PM Author: no.1 clocksmasher have you ever held a significant amount of gold? it speaks for itself (http://www.autoadmit.com/thread.php?thread_id=5783975&forum_id=2).#49332324) |