Core Viewpoint - Iridium, despite its higher value than gold, cannot replace gold's position due to its scarcity, processing challenges, and lower chemical stability [1][3]. Group 1: Scarcity of Iridium - Iridium is extremely rare on Earth, making its extraction difficult and resource-intensive [5]. - The production of iridium is minimal compared to gold, which has abundant reserves and established mining techniques [6]. - The low supply of iridium cannot meet large-scale market demands for various applications, unlike gold [6]. Group 2: Processing Challenges - Iridium's hardness presents significant challenges in processing, requiring advanced technology and higher energy consumption [8]. - Unlike gold, which is highly malleable and can be easily shaped into intricate designs, iridium's processing leads to increased costs and potential quality issues [8]. - The limitations in iridium's processing capabilities restrict its versatility in manufacturing compared to gold [8]. Group 3: Chemical Stability - Gold exhibits exceptional chemical stability, remaining unreactive in various harsh environments, which contributes to its long-term value [10]. - While iridium has some chemical stability, it can still react under specific conditions, affecting its reliability and lifespan [10]. - Gold's superior chemical properties make it more suitable for diverse applications, reinforcing its dominant position [10].