agree with this 100%. contrary to popular belief; gold will lose value over the longterm.https://twitter.com/nickszabo4/status/605890791991410690 …
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Replying to @01101O10
@01101O10@NickSzabo4 Uh, no. Gold's value in jewelry comes from the fact that it is expensive, to flaunt wealth.2 replies 0 retweets 0 likes -
Replying to @ErrataRob
@ErrataRob@01101O10 A big % if gold's value is from use, and potential greater use (when mistrust rises) as reserve currency.2 replies 0 retweets 1 like -
Replying to @NickSzabo4
@ErrataRob@01101O10 Remainder still has some value due to jewelry-as-wealth-show, electronics, etc.1 reply 0 retweets 0 likes -
Replying to @NickSzabo4
@NickSzabo4@01101O10 if monetary value disappears, so so value-as-wealth-display1 reply 0 retweets 1 like -
Replying to @ErrataRob
@ErrataRob@01101O10 Like shell beads when they made way for gold & silver.2 replies 1 retweet 1 like
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