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Startup Claims Its Fusion Reactor Concept Can Turn Cheap Mercury Into Gold (gizmodo.com)

submitted 2 days ago by UnderpantsWeevil@lemmy.world to c/technology@lemmy.world

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Last week, Marathon Fusion, a San Francisco-based energy startup, submitted a preprint detailing an action plan for synthesizing gold particles via nuclear transmutation—essentially the process of turning one element into another by tweaking its nucleus. The paper, which has yet to undergo peer review, argues that the proposed system would offer a new revenue stream from all the new gold being produced, in addition to other economic and technological benefits.

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[–] SheeEttin@lemmy.zip 10 points 2 days ago

That's an enormous amount!

Most of the value of gold these days is its use in electronics, and jewelery. I'm fine with it being made cheap and plentiful. Anyone holding gold (or gold-backed investments) as opposition to other types of investments is going to see a big loss, but that's what they bought into.