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The Benefits of Building Ships and Storing Value in Steel over Wood and Gold
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55:23 - 56:22 (00:58)

Ships built out of steel have a much longer useful life than those built out of wood, while storing value in gold under perfect conditions has a useful life of 35 years due to its 2% degradation. It is better to store value in steel for its 0% degradation and therefore, its immortality.

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