this post was submitted on 02 Jul 2025
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[–] PugJesus@lemmy.world 94 points 21 hours ago (1 children)

https://en.wikipedia.org/wiki/Platinum#European_discovery

The first European reference to platinum appears in 1557 in the writings of the Italian humanist Julius Caesar Scaliger as a description of an unknown noble metal found between Darién and Mexico, "which no fire nor any Spanish artifice has yet been able to liquefy".[60] From their first encounters with platinum, the Spanish generally saw the metal as a kind of impurity in gold, and it was treated as such. It was often simply thrown away, and there was an official decree forbidding the adulteration of gold with platinum impurities.[59]

[–] Rakonat@lemmy.world 58 points 20 hours ago (1 children)

So wait, the entire Roman empire existed before Europe had any idea what platinum was?

[–] PugJesus@lemmy.world 53 points 20 hours ago

Correct! It's insane how recent some understandings of the world around us are.

[–] Diddlydee@feddit.uk 6 points 16 hours ago

To be fair, they did get quite a bit of silver from Potosi over 300 years.

[–] cabron_offsets@lemmy.world 17 points 20 hours ago (1 children)

It’s still undervalued, IMO. I’m buying.

[–] cRazi_man@europe.pub 14 points 19 hours ago (2 children)

I've heard this one before.......crypto, NFTs, GameStop.....not falling for this again.

[–] cabron_offsets@lemmy.world 14 points 18 hours ago* (last edited 18 hours ago) (2 children)

Crypto, nft, GameStop are literally without intrinsic worth. Platinum is in limited supply and is essential to existing and developing tech. But, I’m not trying to evangelize. Just saying.

[–] Zwiebel@feddit.org 3 points 16 hours ago (1 children)
[–] pticrix@lemmy.ca 3 points 13 hours ago

I remember reading this article a few years ago, about an asteroid full of platinum in our solar system (2011 UW158). The article stated that, should we manage to bring the whole asteroid back to earth, given the amount of platinum in it, it would trigger an economic crisis given that platinum would become a "junk" material, in term of supply and demand.

While the outcome is purely theoretical for now - given that asteroid mining / wrangling ain't a thing currently - it really is telling when most people agree that with our current economic system, which really is for the greater good (/s), a surplus of a useful mineral would end up making a lot of people hungry.

[–] jaennaet@sopuli.xyz 1 points 17 hours ago

Yeah, NFTs can't catalyze anything except stupid people losing their money

[–] aeronmelon@lemmy.world 1 points 15 hours ago

“Crypto and tokens and GameStop, oh my!
Crypto and tokens and GameStop, oh my!”

[–] saltnotsugar@lemmy.world 10 points 19 hours ago

This is what we in the jewelry industry refer to as a “big oof.”

[–] Redacted@lemmy.world 5 points 17 hours ago

Me with BTC