Comment on Startup Claims Its Fusion Reactor Concept Can Turn Cheap Mercury Into Gold

kokesh@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

• Thedogdrinkscoffee@lemmy.ca ⁨4⁩ ⁨weeks⁩ ago

  I dunno. I would be cool with it if we stopped mining for Gold with all the environmental problems and found a way to profitably clean up the mercury from past gold mining and places like Grassy Narrows with extensive mercury poisoning.

  source

  • zaphod@sopuli.xyz ⁨4⁩ ⁨weeks⁩ ago

    I would assume that this would lead to a rise in mercury mining instead of cleaning up Mercury contaminations, because that would probably be cheaper. And I don’t think mercury mining is any less toxic than gold mining.

    source
  • kokesh@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

    That would be great. But what I’m talking about is the collapse of the price of gold.

    source

    • Eximius@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

      Since fiat currencies are not connected to gold… no problem?

      source
• zaphod@sopuli.xyz ⁨4⁩ ⁨weeks⁩ ago

  Who gives a shit about the gold price except for some idiots who think it has some inherent value beyond some applications in electronics.

  source
• UnderpantsWeevil@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  If you have a monopoly on the process, then its the same as the DeBeers Diamond Cartel. You can keep the price up by limiting the sale and spending a ton of money on marketing.

  source
• sugar_in_your_tea@sh.itjust.works ⁨4⁩ ⁨weeks⁩ ago

  What’s wrong w/ collapsing the price of gold? Gold is super useful since it doesn’t oxidize, so it’s fantastic in electronics and space stuff. Making that cheaper would be awesome.

  source

  • kokesh@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

    I want to sell my gold teeth 😐

    source
• simsalabim@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  Besides the shift to mercury mining others have already listed, you really think that this process is cheaper than mining gold and also cleaner and safer at the same time?

  source
• Tiger666@lemmy.ca ⁨4⁩ ⁨weeks⁩ ago

  But what about alchemy?

  source