There is no ultimate “money”, not even gold. Risk and scarcity rule what a substance is worth in human eyes. What would happen if an asteroid was harvested that was solid gold, or even solid diamond. Both exist. The availability of either goes up 1000%. Their value disappears. Risk and scarcity determine value, fueling the faith of the p…
There is no ultimate “money”, not even gold. Risk and scarcity rule what a substance is worth in human eyes. What would happen if an asteroid was harvested that was solid gold, or even solid diamond. Both exist. The availability of either goes up 1000%. Their value disappears. Risk and scarcity determine value, fueling the faith of the people. If bat shit was extremely rare and it took great risk to harvest it, it would be the new “gold”. Can you imagine Ft. Knox loaded up with bat shit? BTW, I sorta heard that there is gold missing in Ft. Knox. Anybody hear anything about it?
There is no ultimate “money”, not even gold. Risk and scarcity rule what a substance is worth in human eyes. What would happen if an asteroid was harvested that was solid gold, or even solid diamond. Both exist. The availability of either goes up 1000%. Their value disappears. Risk and scarcity determine value, fueling the faith of the people. If bat shit was extremely rare and it took great risk to harvest it, it would be the new “gold”. Can you imagine Ft. Knox loaded up with bat shit? BTW, I sorta heard that there is gold missing in Ft. Knox. Anybody hear anything about it?