Message from @Spergerger
Discord ID: 651868770289319977
(Even though silver is used alot in manufacturing)
gold is pretty useful tbh
very ductile
How?
for electronics
lots of electronics use gold
But in light's scenario
Electronics are also rare
can gold be used for disinfectant?
silver and copper used to be used for these things
Anyway
The main driving force for their value will be scarcity
If your scenario where modern agriculture or modern infrastructure collapses
Its scarcity and our lack of ability to mine more on an industrial scale such as before will drive up its value
Making it prime for new financial systems to use gold or silver backed currency as a medium of exchange
Rare =/= valuable, worthwhile
You know whst would be more worthwhile?
More valuable metals, food (preserved, perhaps)
Anything really
I'd argue thst by being so scarce, it'd be worth less than some more common things
As not enough currency would exist for everyone
We'd resort to bartering until a new state arises
At which point they'd likely issue their own currency
I dont think people struggling for survival will be in thr gold market tbh
we would trade with bottlecaps
That's unironically a better system
Caps are at least relatively plentiful, meaning they coule be somewhat widespread
Enabling enough currency for a population
They're also small easily defined units, compared to gold
Which just comes in weight (so unless you havr a scale, it's useless)
And doesn't have a standard "unit"
could be locally based as well, ie people that live near the ruins of coke factory use coke caps and people near beer ruins use beer caps
tfw beverages determing the new national boundaries
Drinks are more widespread
But caps are way easier thsn gold to use as currency
I mean, consider purity too
koolaid nation vs coke republic
Gold is only worthwhile as a short term investment in regards to gold prices
The same as stocks, really