2w ago

Useless white metal, nothing will ever come of it

24 comments

https://en.wikipedia.org/wiki/Platinum#European_discovery
The first European reference to platinum appears in 1557 in the writings of the Italian humanist Julius Caesar Scaliger as a description of an unknown noble metal found between Darién and Mexico, "which no fire nor any Spanish artifice has yet been able to liquefy".[60] From their first encounters with platinum, the Spanish generally saw the metal as a kind of impurity in gold, and it was treated as such. It was often simply thrown away, and there was an official decree forbidding the adulteration of gold with platinum impurities.[59]
- So wait, the entire Roman empire existed before Europe had any idea what platinum was?
  
  Correct! It's insane how recent some understandings of the world around us are.
It’s still undervalued, IMO. I’m buying.
- I've heard this one before.......crypto, NFTs, GameStop.....not falling for this again.
  
  Crypto, nft, GameStop are literally without intrinsic worth. Platinum is in limited supply and is essential to existing and developing tech. But, I’m not trying to evangelize. Just saying.
  
  “Crypto and tokens and GameStop, oh my!
  Crypto and tokens and GameStop, oh my!”
This is what we in the jewelry industry refer to as a “big oof.”
To be fair, they did get quite a bit of silver from Potosi over 300 years.
Me with BTC

24 comments