/biz/ - Business & Finance

Anonymous Mon Dec 5 18:47:39 2022 No.52744797 [View]
File: 12 KB, 380x380, uses-of-gold-in-the-united-states.gif [View same] [iqdb] [saucenao] [google]

>>52744662
Bitcoin and Gold are not comparable. I say this as someone who owns neither.
Although much of gold's value is predicated on speculation, gold also has industrial uses due to its unique chemical and physical properties. If people decided tomorrow that gold was not intrinsically valuable, it would still retain some extrinsic value.
Bitcoin has no useful unique properties besides its brand name. It is not even sound money because it requires a massive global network in order to function, it's limited to 7 transactions per second, and it isn't even fungible.

>>	Anonymous Sat Mar 14 13:42:36 2020 No.17801932 [View] File: 13 KB, 380x380, uses-of-gold-in-the-united-states.gif [View same] [iqdb] [saucenao] [google] >>17801906

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