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 valu...
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)
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)
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