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by icahnvalyou 3147 days ago
Shouldn't every resource be valued like gold? There's a limited supply of copper... You can see where this is going.

Gold is a weirdly sticky anachronism of a wealth store that never made any sense in the first place.

2 comments

Gold has one good property, it does not rust.

Thus making tokens out them meant said tokens would last generations, and withstand the rigors of international transport.

As best i recall, gold and silver were rarely popular for domestic trade. There more common materials were used. They were instead used for international trade.

In the end people have come to confuse the token, a way to do trade accounting without an accountant always present, with the metal it was made of.

Gold make sense because girls like to wear gold on their fingers, in their ears... Copper is not useful for that purpose.