a very informative post. although slightly off the subject, this information has me wondering about what else we humans can give monetary value to...its seems we create money just by creating a demand for a commodity...the more worth we give something...the demand there is for it...the more demand...the more value...😊just a thought
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An interesting thought @the-alliance. I think that's where history must pay a role. No other asset has the established monetary history that gold enjoys but yes, the cryptos are a good example of how new instruments can fill a role as value providers.
Thanks for the comment!