Gold a traditional asset, been around for thousands of year, Crypto

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2022-02-18 14:42

Gold a traditional asset, been around for thousands of year, Crypto isn't even 2 decades old.

"Who discovered gold ?

A child finds a shiny rock in a creek, thousands of years ago, and the human race is introduced to gold for the first time."

"The Incas referred to gold as the “tears of the Sun.”

Gold Nugget

Homer,in the “Iliad” and “Odyssey,” makes mention of gold as the glory of the immortals and a sign of wealth among ordinary humans. In Genesis 2:10-12, we learn of the river Pison out of Eden, and “the land of Havilah, where there is gold: and the gold of that land is good?”

As far back as 3100 B.C., we have evidence of a gold/silver value ratio in the code of Menes, the founder of the first Egyptian dynasty. In this code it is stated that “one part of gold is equal to two and one half parts of silver in value.” This is our earliest of a value relationship between gold and silver.

In ancient Egypt, around the time of Seti I (1320 B.C.), we find the creation of the first gold treasure map now known to us. Today, in the Turin Museum is a papyrus and fragments known as the “Carte des mines d’or.” It pictures gold mines, miners’ quarters, road leading to the mines and gold-bearing mountains, and so on."

https://onlygold.com/facts-statistics/history-of-gold/