“Gold is the corpse of value…”

— Neal Stephenson, book Cryptonomicon

Economics of gold farming, Thanksgiving (prologue)
Reamde (2011), Part I: Nine Dragons
Source: Cryptonomicon
Context: Gold, he learned, was considered to be a reliable store of value because extracting it from the ground required a certain amount of effort that tended to remain stable over time. When new, easy-to-mine gold deposits were found, or new mining technologies developed, the value of gold tended to fall. It didn’t take a huge amount of acumen, then, to understand that the value of virtual gold in the game world could be made stable in a directly analogous way: namely, by forcing players to expend a certain amount of time and effort to extract a certain amount of virtual gold…

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Gold is the corpse of value…" by Neal Stephenson?

Neal Stephenson167

American science fiction writer 1959

Related quotes

“Gold, he learned, was considered to be a reliable store of value because extracting it from the ground required a certain amount of effort that tended to remain stable over time. When new, easy-to-mine gold deposits were found, or new mining technologies developed, the value of gold tended to fall. It didn’t take a huge amount of acumen, then, to understand that the value of virtual gold in the game world could be made stable in a directly analogous way: namely, by forcing players to expend a certain amount of time and effort to extract a certain amount of virtual gold…”

Neal Stephenson book Reamde

Economics of gold farming, Thanksgiving (prologue)
Reamde (2011), Part I: Nine Dragons

“When central banks print a lot of money to relieve a crisis, buy stocks, gold, and commodities because their value will rise and the value of paper money will fall.”

Ray Dalio (1949) American businessman

" Principles for Dealing with the Changing World Order by Ray Dalio https://www.youtube.com/watch?v=xguam0TKMw8" (at 6m43s), Principles by Ray Dalio, 2 March 2022.

“If the world as a whole returned to the gold standard there would be such fluctuations in the value of gold that it would very soon prove impractical.
Today an international gold standard could only mean that a few countries would maintain a real gold standard. The other countries would hang on to the system through a gold exchange standard — where the currency isn't really redeemable in gold but the government attempts to keep a fixed rate between its currency and gold.”

Friedrich Hayek (1899–1992) Austrian and British economist and Nobel Prize for Economics laureate

1980s and later, Interview in Silver & Gold Report (1980)

“Throw not my words away, as many do;
They're gold in value, though they're cheap to you.”

John Clare (1793–1864) English poet

"The Cross Roads; or, The Haymaker's Story"
Poems Chiefly from Manuscript

“Swift blazing flag of the regiment,
Eagle with crest of red and gold,
These men were born to drill and die.
Point for them the virtue of slaughter,
Make plain to them the excellence of killing
And a field where a thousand corpses lie.”

Stephen Crane (1871–1900) American novelist, short story writer, poet, and journalist

Do Not Weep, Maiden, For War is Kind, p. 4
War Is Kind and Other Lines (1899)

“For valuing your own suffering sets on it the gold of a sun of pride. Suffering a lot can originate the illusion of being the Chosen of Pain.”

Fernando Pessoa book The Book of Disquiet

Ibid., p. 253
The Book of Disquiet
Original: Porque dar valor ao próprio sofrimento põe-lhe o ouro de um sol do orgulho. Sofrer muito pode dar a ilusão de ser o Eleito da Dor.

“The bitter, yet merciful, lesson which death teaches us is to distinguish the gold from the tinsel, the true values from the worthless chaff.”

Felix Adler (1851–1933) German American professor of political and social ethics, rationalist, and lecturer

Founding Address (1876), Life and Destiny (1913)
Context: The bitter, yet merciful, lesson which death teaches us is to distinguish the gold from the tinsel, the true values from the worthless chaff.
The terrible events of life are great eye-openers. They force us to learn that which it is wholesome for us to know, but which habitually we try to ignore — namely, that really we have no claim on a long life; that we are each of us liable to be called off at any moment, and that the main point is not how long we live, but with what meaning we fill the short allotted span — for short it is at best.

“They wonder much to hear that gold, which in itself is so useless a thing, should be everywhere so much esteemed, that even men for whom it was made, and by whom it has its value, should yet be thought of less value than it is.”

Thomas More book Utopia

Source: Utopia (1516), Ch. 6 : Of the Travelling of the Utopians

“There is a value called “mind” as there is a value oil, wheat, or gold. … One can invest in that value, one can “follow” it as they say on the stock exchange; one can watch its fluctuations in I know not what price list which is the world’s general opinion of it. … All these rising and falling values constitute the great market of human affairs. And of these the unfortunate value mind does not stop falling.”

Paul Valéry (1871–1945) French poet, essayist, and philosopher

Source: Regards sur le monde actuel [Reflections on the World Today] (1931), p. 161

“Companions the creator seeks, not corpses, not herds and believers. Fellow creators the creator seeks -- those who write new values on new tablets. Companions the creator seeks, and fellow harvesters; for everything about him is ripe for the harvest.”

Friedrich Nietzsche (1844–1900) German philosopher, poet, composer, cultural critic, and classical philologist

“Gold is the corpse of value…”

Help us to complete the source, original and additional information

Neal Stephenson167

Related quotes

Related topics