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Can someone smarter than me tell me if this affects me or not? (europe.pub)
submitted 8 months ago by to c/outoftheloop@lemmy.world
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[–] 10 points 8 months ago (3 children)

Maybe the market cap in this graph is the total amount of gold extracted.

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  • [–] 3 points 8 months ago (2 children)

    That would be my guess. But do we even know that precisely?

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  • [–] 9 points 8 months ago

    The gold market cap has always been the approximate amount of gold that has been extracted. While I don't think anyone can give you an actual precise number, the approximate number is pretty widely known and tracked as we extract more.

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