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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what if the aliens happen to have something even better than BTC?
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Could be a scenario where neither aliens nor humans want the currency of the other and then it would come to barter or labor trade.
Right. For each party to adop other's currency, one has to have faith that the monetary policy of currency in question. Can they change the protocol and dilute the supply? And if they're more superior then us and they have the means to control the network we'd be at their mercy
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