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[–] 22 points 5 months ago* (5 children)

Gold actually is worthless but humanity has decided it has value. Whats actually valuable is food, water, housing, mental peace, low stress, moral standards etc.

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  • [–] 34 points 5 months ago* (last edited 5 months ago) (1 child)

    Gold is a actually extremely useful, and has a ton of practical applications where it's not used because of cost. Diamonds, which are supposedly abundant in asteroids, and quite plentiful on earth, on the other hand, can be manufactured in tool grade cheaply, and gem grade can be made for about $300/carat.

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  • [–] 3 points 5 months ago

    Gold is an extremely useful metal, WTF are you talking about? Despite its artificially high cost, it still gets regularly used in industrial applications. If it had a more reasonable price, it would be used a ton

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