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floxylast Friday at 11:06 PM2 repliesview on HN

>In practice, given that much of all gold is used to store value and is not actively in use, we do not expect the need to store it for 7–17 years to be a major impediment; at worst, it means that the product will initially have somewhat less value than pure 197Au, and so some discount should be applied to the value of freshly produced gold.


Replies

lantryyesterday at 12:25 AM

but when we are generating literal tons of gold for free, won't gold no longer be a good store of value because it will no longer be scarce?

modelesslast Friday at 11:14 PM

You guys have a lot more faith than I do in people's ability to have rational beliefs about nuclear waste.

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