Re:Is This the End of Crypto?
by saalweachter on Thursday November 17, 2022 @04:30PM
(#33646041)
The weird thing to me is that the total mass of silver mined is only about 8x the total mass of silver, but the price spread is 80x.
Copper is much more abundant, over 400x more copper than silver has been mined, but silver is almost as scarce as gold. It really seems like the price spread should be closer.
Copper is much more abundant, over 400x more copper than silver has been mined, but silver is almost as scarce as gold. It really seems like the price spread should be closer.