LuKeNuKuM t1_j32fk0v wrote on January 5, 2023 at 4:29 PM Reply to comment by fulanomengano in TIL that all the gold that has ever been mined in all of human history could fill about three Olympic-sized swimming pools. by westondeboer Plus the fact it's hard to mine having a high stock to flow ratio. This makes it a good store of value over time. Unlike fiat currencies that no longer adhere to the gold standard and devalue over time because more is produced. Permalink Parent 1
LuKeNuKuM t1_irlzhnx wrote on October 9, 2022 at 7:50 AM Reply to comment by telos0 in We'll build AI to use AI to create AI. by Defiant_Swann https://endthefud.org/ Permalink Parent 0
LuKeNuKuM t1_j32fk0v wrote
Reply to comment by fulanomengano in TIL that all the gold that has ever been mined in all of human history could fill about three Olympic-sized swimming pools. by westondeboer
Plus the fact it's hard to mine having a high stock to flow ratio. This makes it a good store of value over time. Unlike fiat currencies that no longer adhere to the gold standard and devalue over time because more is produced.