"The reason gold was used as money more than granite is no longer relevant." I disagree. Yes moneys are stories, but they are not arbitrary stories. The money-winners eventually emerge due to possessing very specific characteristics.https://twitter.com/TusharJain_/status/1009926106504400897 …
No. It's because it has the highest stock-to-flow ratio. Other people can't easily inflate the supply. This makes it great for wealth preservation.
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I can't name any other. And it's not because there's no other, as absence of evidence doesn't equal evidence of absence. Gold happened to be the first ancient metal identified with that property. First Comer advantage, basically, and folks settled on that.
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There is only one major object with significantly higher stock-to-flow ratio than Gold. Bitcoin.

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I can go create an ERC20 token tomorrow with higher ratio. Again, fixed supply does not on its own create value. Demand needs to come from elsewhere. So it comes down to the right mix and score across various fundamental properties. And that’s where we find room for disagreement.
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Fixed supply is *one* of 7-8 desirable properties.
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There are other earth elements that are similarly limited in supply.
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It’s not just the scarcity of supply. It’s stock-to-flow ratio. Which is current aboveground supply vs. annual new incoming supply. Can you name another Earth metal that has a higher stock-to-flow ratio than Gold?
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