[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![swshipman Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::18071266.png) Stephen W. Shipman [@swshipman](/creator/twitter/swshipman) on x XXX followers
Created: 2025-07-19 18:34:41 UTC

@jameslavish @dotkrueger Gold's true importance  is its stable value as the numeraire:
Its dollar value is determined by the supply/demand for the dollar, not supply/demand for the metal:
BTC is determined by supply/demand and lacks gold's stable value

![](https://pbs.twimg.com/card_img/1946250553698185217/jSHMRoSR?format=jpg&name=600x314)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946639848992874579/c:line.svg)

**Related Topics**
[money](/topic/money)
[numeraire](/topic/numeraire)
[coins defi](/topic/coins-defi)
[coins ai](/topic/coins-ai)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)

[Post Link](https://x.com/swshipman/status/1946639848992874579)