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  1. #91
    Elite Aio's Avatar
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    Quote Originally Posted by Stefan 008 Bond View Post
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    Presumably, Aio, you are taking the asteroid comments too literally as far as timescale. I only meant to outline the future, it will happen eventually (and its starting now)..even if many of us will be long gone doesn't change that likely fact. There will be new stores of wealth needed in the future when precious metals become more common.
    Why would they become more common. If anything, gold will always become less common due to population growth (i.e. gold per head).

    The way a star collapses allows us to predict the proportions of gold in the universe. You're not going to find an asteroid which is anywhere near 100% gold.

    I don't even know why I'm getting involved. It's like talking to people who smoke too much weed and read too many sci-fi novels.

  2. #92
    Elite Haruto Rat's Avatar
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    Quote Originally Posted by Aio View Post
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    You're not going to find an asteroid which is anywhere near 100% gold.
    Erm, accretion disks is advanced physics and all that, while Phaeton hypothesis was first formulated by a retired linguist. (not that there is anything wrong with linguistics but people find non-numerical stuff easier to believe)
    There are many ways to skin a cat but just one way to boil a frog.

  3. #93
    Guardian Stefan 008 Bond's Avatar
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    Aio, you can't be serious. We know about more gold in asteroids in our own solar system than we have ever extracted in our history... now, how many solar systems do we know about already, how many galaxies?? But yeah, our population growth will surely outgrow that no problem
    .. wow

    I like you, and I know you are smart, but sometimes that attitude though! Maybe you should smoke one!

    Lol Don't be coming on here trying to insult people that are trying to have a discussion. I certainly don't claim to have anywhere near all the answers, just bringing some new topics to the table.

    Feel free to agree or disagree, but please bring thoughtful analysis not cheap jokes, your better than that!

  4. #94
    Elite billairboy's Avatar
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    Quote Originally Posted by Stefan 008 Bond View Post
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    Aio, you can't be serious. We know about more gold in asteroids in our own solar system than we have ever extracted in our history... now, how many solar systems do we know about already, how many galaxies?? But yeah, our population growth will surely outgrow that no problem
    .. wow


    Call me when you are back from the other galaxies with your gold
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  5. #95
    Guardian Stefan 008 Bond's Avatar
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    Always useful to use extremes to illustrate a point!

    Many of the arguments you see about gold vs bitcoin always brought up is that gold is finite and that bitcoin/crypto isnt...

  6. #96
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    Blockchain: Nice and welcome concept!

    BitCoin & Co.: "Lego Money" created by burning coal & uranium. Pointless beside gamble...

  7. #97
    Marauder Mac's Avatar
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    The Five Stages Of Not Owning Bitcoin Grief

    > For Sale: Stuff <




  8. #98
    Stalker San's Avatar
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    Got out by yesterday? The empire strikes back...
    1. I NEVER post off-topic.
    2. If you disagree, go to 1.

  9. #99
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    Quote Originally Posted by San View Post
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    Got out by yesterday? The empire strikes back...
    Just HODL!

  10. #100
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    Quote Originally Posted by Mac View Post
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    For those who do view Bitcoin as a bubble, this model is actually helpful as it helps explain how people get from the point of not caring to buying - which is a key ingredient to any bubble and I think the last time I used this model was in 2007 regarding housing. and we know what happened in 2008

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