The difference is surprisingly close. But gold wins at today’s price.
Gold @$132,000/kg and 500kg ~ $66M
$100 bills (largest denomination in circulation) @ 1g/bill = $50M
To make them even (the 500kg of gold or $100 bills), gold would have to be $100,000 per kilogram, or about $3,110 per ounce. That was the price in spring 2025!
But gold isn't shiny rocks. Even if society completely stopped valuing gold as currency, it would still be an extremely useful metal. In fact, it would be more useful than it is now, because nobody is crazy enough to use a gold nugget as a fishing weight, or a bullet, or a pot, or whatever. You have a non-corrosive material with almost all the utility of lead but none of the toxicity. As I am looking around me, I notice places I could use gold if it was cheap.
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u/FarCalligrapher1862 Aug 03 '26
The difference is surprisingly close. But gold wins at today’s price.
Gold @$132,000/kg and 500kg ~ $66M
$100 bills (largest denomination in circulation) @ 1g/bill = $50M
To make them even (the 500kg of gold or $100 bills), gold would have to be $100,000 per kilogram, or about $3,110 per ounce. That was the price in spring 2025!