• 1984@lemmy.today
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    2 days ago

    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.

    • Taldan@lemmy.world
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      8 hours 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

    • elucubra@sopuli.xyz
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      2 days ago

      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.

      • Nikelui@lemmy.world
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        17 hours ago

        It was also used in medical implants, since it’s a pretty inert material ( was, because nowadays there are better biocompatible materials).