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 😃

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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 a way for the universe to know itself

And we all have pieces of the same gases from that inside us now 🫡

🎯

TRUE GOLD IS INSIDE US ALL

JK THEYRE JUST REGULAR HEAVY METALS LOL

Whatever we are we are made of the same

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 you say 10 earths… does that mean 10 x the amount of gold earth has, or 10 x earth’s mass in gold?

Think of 10 giant gold spheres with the same mass as earth each

Sounds pretty cool.

sell the news 😂