Damus
Gonbatfire profile picture
Gonbatfire
@Gonbat03
Say the room temp superconductor (LK-99) is real, it would then replace gold's usage in electronics. (or at least drastically reduce it)

Without its industrial usage, gold's status as a store of value would be dependent on.. what? 😳

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Gonbatfire · 134w
Obviously gold would still be demanded in jewelry & medicine. But would those two be enough to maintain its status as a wealth preserving asset? Would its status be replaced by another metal? Maybe by the one used in the superconductor itself (copper)