News for hackers. Stuff that matters.
Re:Gold is now the top U.S. export by lesuorac on Sunday October 18, 2026 @02:06AM (#50138331)
If its free money why not leave it in the ground?

Why should gold be worth that much more in a bank vault than an underground mine? You’re not going to touch either of them!

Just get a note saying you own the gold in whatever cubic foot below ground marked by some coordinate system.

Re:Gold is now the top U.S. export by econ on Sunday October 18, 2026 @04:50AM (#50139230)
For paper gold you don't even need gold.
Re:Gold is now the top U.S. export by JumpCrisscross on Sunday October 18, 2026 @08:00AM (#50140317)
> Why should gold be worth that much more in a bank vault than an underground mine?

OG PoW.

Less facetiously: refined gold is a commodity. Gold ores are various and require expertise to differentiate and value. They're also bulky relative to their gold content.