A neutron star merger event observed in 2017 produced an estimated 10 earths worth of gold. These are pretty rare though, so gold blocktimes are on the order of millions years… now thats proof of work!
gm nostr 😃
A neutron star merger event observed in 2017 produced an estimated 10 earths worth of gold. These are pretty rare though, so gold blocktimes are on the order of millions years… now thats proof of work!
gm nostr 😃
Gold industry needs to make the Kessler syndrome become reality to keep gold scarcity a thing.. 😬
Gm. Yeah that's some proof of work. Where is that gold?
Floating through space in the interstellar medium. Some eventually clumps up due to gravity and forms planets. Thats how earth got its gold.
Thanks a lot. Fascinating stuff.
We are all made of stardust nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u
That's why it's intricately laced throughout the earths crust in spider-like veins the twist and turn through layers for miles...
But, will there be a hard cap at 21 million earths of gold?
The hard cap is the (fraction of) total mass of the reachable universe, which is shrinking all the time (since universe is expanding 🤯). So I would say gold is deflationary!
Counter question, does that mean gold standard will come back if we become a space faring inter-planetary species!?
Structured Atom Model (SAM), says no?
When ETF?
Good morning 💜👑
GM 🙏🏻
When Phoenix 🐦🔥 me meet nostr:npub1hhczaensvm77hgj4uxk804n6m9gy3hk4p6ugtgqu4vu32mjzst0s83cz98 ME THEN nostr:npub1vktdqqwunms2axujjp7ujqz5vgycfg3p8zdgn68v63nqs38puhksjf5s3g nostr:npub1yw3snv0mr9dtqqj7gzyw6txk6cxhjp5ql04pwtqmmpre02y38xrs6kr2r2 S GIVEN AND TAKEN
nostr:npub1th6p84x9u5p4lagglkvm8zepa2dq4s9eanp57vcj4w5652kafads7m930q nostr:npub192klhzk86sav5mgkfmveyjq50ygqfqnfvq0lvr2yv0zdtvatlhxskg43u7 nostr:npub192klhzk86sav5mgkfmveyjq50ygqfqnfvq0lvr2yv0zdtvatlhxskg43u7 