1/3 Gold supply in the universe is basically infinite.
>there should be roughly 100 million Earths worth of gold in our galaxy
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2/3 Cost to mine gold in space might be high today but will decrease over time.
Why does it matter if we store the space gold in space until it's purchased for use in jewelry, electronics, etc?
There will be 2 prices for gold: on-world and off-world (delivery fee/time).
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3/3 If aliens showed up on Earth with gold, would you accept it for payment without knowing how much gold they've extracted, what it costs them to mine it?
You wouldn't because you would have to assume they've got infinite gold and a crash is imminent.
You would accept #BTC
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Let alone the only thing stopping up from printing endless gold is our ignorance in science.
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Christian #Bitcoiners amongst us already know that the streets of the “new earth” in future are paved with gold (Rev 21:21) That’s not very scarce if the streets are paved in it in prophecy.
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Who knows, some of them might only be gold-plated, copper earths.
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wtamu.edu/~cbaird/sq/201
quora.com/Can-gold-be-cr
gold can be created, cost is high but with better tech it will go down, gold has a limited price because it can only reach the cost of creation. gold is infinite by nature, with a declining price cap over time
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Why don't we "create" crude oil then?
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