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by theturtle 270 days ago
I like making young bros' heads spin by explaining how little intrinsic value gold actually has.

They all start out with "if the shit comes down, gold will --" and I cut them off by saying "-- still have almost zero intrinsic value."

Can't eat it. Can't burn it. Can't really make shelter or a weapon out of it. Useful for tiny microcircuits, but that's not something the preppers will be doing in Montanam

"Well, it'll always be valuable, because people think --"

Aha, dudebro, now you're in the realm of "perceieved value." Whole different game in the end times...