Well yeah, you got my point. Being scarce isn’t enough to have monetary value, especially in the modern world. 5000 yrs ago ppl didn’t have technology or financial infrastructure, so they created value from a rock. Gold's monetary value should be zero in the age of ai.
Discussion
I don't think it's all black and white like that. Gold is still cool to collect, and used in industry. And by age of AI, do you mean age of general AI?
sorry, it doesn’t belong in the digital world. yes, its conductive and corrosion resistant properties make it useful in some industrial cases, but that’s about it. and i have no issues with that. my problem is with it being treated as a store of value which bitcoin will replace eventually.
Maybe I was taking you too literally. I was treating this as an is statement rather than an ought statement.