• ulterno@programming.dev
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    6 hours ago

    Even so, in a scenario where all the currencies fall apart, Gold and Silver are very probable to become the basis of wealth.
    Nowadays, stuff like SiIicon and Copper are pretty high value (and similarly, Germanium), but they really depend a lot upon hard to measure purity which goes with high-technology.
    So Gold and Silver, which are easier to determine with lower technology (unless someone uses high-technology to spoof them) and also easier to make into useful products, will tend to hold intrinsic value.

    Value of iron and others, break down due to abundance, while steel depends upon technology and expertise.