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Bitcoin, Metals, and Monetary Premiumsodysee.com/@TraderUniversity:a/bitcoin%2C-metals%2C-and-monetary-premiums:4?r=8T2xqWjtafHWYGxQBSsrbw1wQPm7sWRq
194 sats \ 5 comments \ @Undisciplined 2 Oct bitcoin
From Matthew Kratter's Bitcoin University
Video Description
In this video, I discuss why platinum has never replaced gold as money, as well as why new cryptos have never replaced Bitcoin.
I also discuss how stock to flow is related to an asset's ability to be a good store of value, as well as why the best money would have no industrial usage and be comprised entirely of a monetary premium.
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29 sats \ 1 reply \ @Thereal 2 Oct
When money is easy to make, it will not hold any value.
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0 sats \ 0 replies \ @Undisciplined OP 2 Oct
I'm not sure the argument about stock-to-flow really demonstrates that platinum is easier to produce than gold.
I think Kratter got cause and effect mixed up on this one and gold has higher stock-to-flow than platinum because people hold it as money.
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22 sats \ 2 replies \ @Satosora 2 Oct
I always thought platinum lagged behind silver in usefullness.
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20 sats \ 1 reply \ @Undisciplined OP 2 Oct
I wasn't sold by the arguments about platinum being more useful. Obviously it is very useful, or it wouldn't be so expensive, but silver and gold both are unmatched in certain applications.
If gold weren't so expensive, due to its value as money, it would be much more widely used in industry.
Silver is uniquely reflective and conductive, as well as being second to gold in a few other qualities.
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34 sats \ 0 replies \ @Satosora 2 Oct
Right. Silver has more use in technology. Especially green tech.
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