Message from @Beemann
Discord ID: 496116186342359040
You can't stop money from existing, people will barter with laundry detergent
Cigarettes
Everyone agreed that someone wanted gold, and that gold was finite.
people buying a $300k property now... it'll be worth a mill in probably 10-15 years
no, nobody agreed with "everyone"
because wages will also be much higher
Everyone agrees that that are people who value gold quite a lot.
it's just the aggregate result of lots of people agreeing individually to trade something for gold
no, lots of people agree that they value gold a certain amount.
9_9 Ugh.
it is a crucial distinction
Talking past each other here.
There's no consensus regarding what gold is worth, the price fluxuates
I just realized something!
there are a lot of people who do not value gold right now
like people who are drowning
Maybe gold is famous for fluxuating in price LESS than other metlas but it still fluxuates
I wonder how many people are drowning right now.
drowning people tend to crash economies?
In theory
2591
ppl r drowning when u asked
so there we go
sure as hell ain't everyone agreeing on anything
gold prices is set by usage rate and the cost of mining it
Relative to any other commodity
yep
gold inflates too
i think we should use water as currency
we only have so much water
Yeah
I think we should use the sun.
fairly stable.
it's just that it's usually deflating faster than it's inflating.
Demand for gold can increase or decrease regardless of its scarcity
actually thats a false statement, water levels fluctate
we pick up water and we lose it every day on space
freaky stuff
besides it would be ironic to worship the sun again.