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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It'd be worthless on Earth because everyone would be using BTC. They would have to convince us that we need it for purposes of trade with them and then we'd figure out an exchange rate.
If neither side wanted the other's currency, we'd go to barter or labor trade.
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I can see why you like Litecoin.
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