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-   -   Latinum is better tha gold because... (http://www.trekbbs.com/showthread.php?t=219763)

Lt. Cheka Wey July 15 2013 08:24 AM

Latinum is better tha gold because...
 
Was it ever explained what happened to gold?

Alchemists finally succeded creating it so it's value went drastically down?

We ran out of it?

Herkimer Jitty July 15 2013 08:34 AM

Re: Latinum is better tha gold because...
 
You can produce literal mountains of gold with a replicator. Latinum can't be replicated, so it has actual intrinsic value, as opposed to gold which has become by the 24th century, quite literally worthless.

Captain Rob July 15 2013 08:35 AM

Re: Latinum is better tha gold because...
 
I think that the DS9 episode when Morn had dissappeared (presumed dead). Quark explained that gold's only value was in jewelry. It had lost it's value as a trading medium because it could be replicated.

Shawnster July 15 2013 11:27 AM

Re: Latinum is better tha gold because...
 
It's gold pressed latinum. So, gold is still involved.

Timo July 15 2013 12:27 PM

Re: Latinum is better tha gold because...
 
Quote:

Latinum can't be replicated
Nobody ever says such a thing in Trek, though.

For all we know, latinum is just as easy to replicate as any other material. But it's processed, "pressed", just like paper is printed into bills. Bills have value because they are pressed with coded information that gives them value: thanks to their serial numbers, they serve as abstract promises of value.

Perhaps gold-pressed latinum is the most convenient medium for printing physical or chemical codes in the Ferengi world, just like a certain type of durable paper is in ours. Gold or latinum alone is merely pretty, and mainly useful for brooches and the like.

Timo Saloniemi

Bad Thoughts July 15 2013 01:02 PM

Re: Latinum is better tha gold because...
 
Quote:

Timo wrote: (Post 8381890)
Quote:

Latinum can't be replicated
Nobody ever says such a thing in Trek, though.

For all we know, latinum is just as easy to replicate as any other material. But it's processed, "pressed", just like paper is printed into bills. Bills have value because they are pressed with coded information that gives them value: thanks to their serial numbers, they serve as abstract promises of value.

Perhaps gold-pressed latinum is the most convenient medium for printing physical or chemical codes in the Ferengi world, just like a certain type of durable paper is in ours. Gold or latinum alone is merely pretty, and mainly useful for brooches and the like.

Timo Saloniemi

I believe it is mentioned twice, in one of the episode when the Dominion took n over the station and the one when Morn went missing. I think the latinum was unable to be replicated. The role of gold isn't clear, but it might have something to do with latinum being liquid.

Pavonis July 15 2013 02:06 PM

Re: Latinum is better tha gold because...
 
It was never stated that latinum couldn't be replicated. Anyone "remembering" it being said is suffering from a false memory, probably caused by others repeating the falsehood so many times.

The Wormhole July 15 2013 02:35 PM

Re: Latinum is better tha gold because...
 
Latinum's worth over gold is simply a matter of dramatic irony. The alien species obsessed with money and greed thinks gold is worthless. That's all it really is.

TheRoyalFamily July 15 2013 09:17 PM

Re: Latinum is better tha gold because...
 
In "Little Green Men" Quark said that gold was an acceptable trading medium, in the absence of latinum, dilithium, etc. It obviously still holds some value, just not quite so much as it does today on Earth.

And don't give me that "no replicators in the past" bit. They had to have a replicator on their ship, and both Nog and Rom would know how to get another one working. They had a history book, so they would know about the Vulcans, at least indirectly (and we know the Vulcans were around at that time, and could sniff out warp trails), and they, if no one else, could reverse-engineer one with the Ferengi's help.

Timo July 15 2013 09:37 PM

Re: Latinum is better tha gold because...
 
Quote:

In "Little Green Men" Quark said that gold was an acceptable trading medium, in the absence of latinum, dilithium, etc. It obviously still holds some value, just not quite so much as it does today on Earth.
As Jake and Nog proved in their little barter scheme, value can be found in anything and everything; you just have to know your customers. The less you know about them, the more universal a trading medium you need. And more universal probably means more abstract.

Quote:

And don't give me that "no replicators in the past" bit.
If there were replicators in the past, Quark obviously would do his utmost to prevent his clients from gaining access to them. Gold is valuable to stupid Earthlings, and no doubt to a broad range of other undeveloped species, as we learn in VOY how uncommon replicator technology really is in this galaxy.

Timo Saloniemi

C.E. Evans July 15 2013 10:06 PM

Re: Latinum is better tha gold because...
 
Quote:

As Jake and Nog proved in their little barter scheme, value can be found in anything and everything; you just have to know your customers. The less you know about them, the more universal a trading medium you need. And more universal probably means more abstract.
It could indeed be just a case that latinum is a trading medium that the majority of starfaring races in this part of the Galaxy mutually consider valuable. In other parts of the Galaxy, latinum may be totally worthless because the civilizations there have agreed upon something else.

JirinPanthosa July 16 2013 02:26 AM

Re: Latinum is better tha gold because...
 
You want my advice? Buy latinum! Buy buy BUY! The price of latinum has steadily gone up for the last twenty years and it will keep going up. Historically latinum has always been a good investment and now it's hit an all time high. With the socialist Federation taking over every industry, we're about to hit a stock market crash the likes of which history has never seen. But when stocks tank, latinum rises. So buy latinum, buy, BUY, BUY!!!

The Wormhole July 16 2013 02:54 AM

Re: Latinum is better tha gold because...
 
Quote:

TheRoyalFamily wrote: (Post 8383855)
They had a history book, so they would know about the Vulcans, at least indirectly (and we know the Vulcans were around at that time, and could sniff out warp trails),

Actually, in the episode Quark talks about giving warp drive to 20th century Ferengi, saying "The Ferengi will have warp drive technology centuries before hewmons or Klingons or even the Vulcans."

Now, yes we see on Enterprise that a decade later Vulcans do have a warp capable space service (as do the Tellarites) so obviously it's not centuries before everyone develops warp drive, but Quark, Rom and Nog do seem ignorant of when Vulcans got warp drive in the episode anyway.

T'Girl July 16 2013 03:10 AM

Re: Latinum is better tha gold because...
 
Quote:

JirinPanthosa wrote: (Post 8385214)
You want my advice? Buy latinum! Buy buy BUY!

According to Tom Paris, gold is going to be valued at over 5,600 dollars a troy ounce by the late twenty second century. Think of your descendants, buy gold.

:)

TheRoyalFamily July 16 2013 06:03 PM

Re: Latinum is better tha gold because...
 
Quote:

Timo wrote: (Post 8383978)

Quote:

And don't give me that "no replicators in the past" bit.
If there were replicators in the past, Quark obviously would do his utmost to prevent his clients from gaining access to them. Gold is valuable to stupid Earthlings, and no doubt to a broad range of other undeveloped species, as we learn in VOY how uncommon replicator technology really is in this galaxy.

Except Quark was going to take gold from the Hew-mons, in exchange for valuable technology. If gold were otherwise useless, because replicators, then he could only use it on Earth and other such primitive planets with similar value systems. And what could he get from them that he couldn't get on his own ship, or from the fewer more advanced races running around in the 1940's? Obviously gold has some value to Quark.

Of course, I seriously doubt replicators can just create gold/latinum/whatever out of thin air/pure energy, so that point is moot.


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