[ExI] Asteroid value ranking

Mirco Romanato painlord2k at libero.it
Sun Jun 7 14:00:12 UTC 2015


Il 07/05/2015 05:59, Dan ha scritto:
> On May 6, 2015, at 9:06 AM, Kelly Anderson <kellycoinguy at gmail.com
> <mailto:kellycoinguy at gmail.com>> wrote:

> Hence my parenthetic comment. Yes, more gold will almost certainly find
> more uses, but my guess is even with those, the price will still
> plummet. One can make a similar observation about computers. Early uses
> were constrained by high price and limited availability. But as the
> supply increased (or one could talk about the supply of computing
> power), even with this increased usage this didn't lead to computers
> staying at the same price.
> 
> By the way, gold is already (and has been) used as more than a store of
> value -- and I don't just mean to make baubles. It's already used in
> electronics, medicine, dentistry, and certain other applications. 

Simple economics show us something is used the same or more if the price
go down.
When the price go under the marginal utility of using it for some other
use, someone will start using it.

-- 
Mirco Romanato



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