Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 2 days agoAs Gold Hits New Record, Some See Warning Signs of Civilizational Collapsewww.newsweek.comexternal-linkmessage-square248fedilinkarrow-up1415arrow-down120
arrow-up1395arrow-down1external-linkAs Gold Hits New Record, Some See Warning Signs of Civilizational Collapsewww.newsweek.comLee Duna@lemmy.nz to World News@lemmy.worldEnglish · 2 days agomessage-square248fedilink
minus-squareSippyCup@lemmy.mllinkfedilinkEnglisharrow-up1·4 hours agoFairy dust, don’t be ridiculous. It’s Pixie dust. Let me ask you this. If the hard drive that contains the private keys for your wallet is melted down to a liquid and allowed to cool, what is the value of that hard drive? What would be the value of a gold coin given the same treatment?
minus-squareHumanOnEarth@lemmy.calinkfedilinkEnglisharrow-up1·4 hours agoI answered your question so maybe you’ll do me the honour of answering mine. If someone breaks into your house and steals your gold coins, what value do they have to you? If it burns down, how much will it cost to recoup all your gold back into a manageable, tradeable form?
minus-squareHumanOnEarth@lemmy.calinkfedilinkEnglisharrow-up1·4 hours agoYes, you’re correct. A melted hard drive would not have the same value as a gold coin melted down. What is your point?
Fairy dust, don’t be ridiculous. It’s Pixie dust.
Let me ask you this. If the hard drive that contains the private keys for your wallet is melted down to a liquid and allowed to cool, what is the value of that hard drive?
What would be the value of a gold coin given the same treatment?
I answered your question so maybe you’ll do me the honour of answering mine.
If someone breaks into your house and steals your gold coins, what value do they have to you?
If it burns down, how much will it cost to recoup all your gold back into a manageable, tradeable form?
Yes, you’re correct. A melted hard drive would not have the same value as a gold coin melted down.
What is your point?