When you purchase through link on our site , we may earn an affiliate delegation . Here ’s how it bring .
Why did gold become the standard for money ? Why not copper color or platinum or argon ? A chemical engineer explain .
An component must meet four quality to tolerate alone as a premium currency , Sanat Kumar , the president of the chemical engineering section at Columbia Universitytold NPR . First , it ca n’t be a gas — gases simply are not practical for up-to-dateness exchange . That knock out a clustering of contender from the right side of the periodic board , including the Noble gases , which would meet the other three qualifications .
secondly , it ca n’t be corrosive or reactive — pure lithium , for example , ignites when queer to water or aura . Iron rusts . This qualification knock out 38 element .
Third , it ca n’t be radioactive . For one affair , your money wouldeventually glow forth to nothing . For another , Kumar pointed out , the radiation wouldeventually bolt down you . This eliminate the two quarrel that are separate from table , the elements known as actinide and lanthanides .
Any of the 30 or so remaining elements would make nice , stable form of currentness if they get together the fourth qualification : They must be uncommon enough to be worthful , but notso rare that it ’s impossible to find .
That brings us to five element , according to Kumar : rhodium , palladium , atomic number 78 , silver and amber .
Although silver has been used for currentness , it stain well , so it ’s out . atomic number 45 and atomic number 46 were discovered only in the 1800s , so they ’d have been of no economic consumption to former civilizations . That leave Au and platinum . Platinum , however , has a thawing breaker point around 3,000 degree Fahrenheit ( about 1,600 degrees Celsius ) , which , Kumar noted , could only be attained in a modern furnace , so other civilizations would not have been able to handily regulate it into undifferentiated units .
That leaves gold , which is self-coloured but malleable , does n’t react , and wo n’t kill you . It is truly thegold standard .
