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/biz/ - Business & Finance

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56620887 No.56620887 [Reply] [Original]

>> No.56621068
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56621068

>> No.56621096

>>56620887
Its up 50% from two years ago. Its kino and is the gold standard for a nonperishable and non degrading good.

>> No.56621170
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56621170

>>56621068
fpbp

>> No.56621199

>>56621068
midwit take
gold is valuable because it's money
jewelry and electronics could stop using gold tomorrow, it wouldn't make a dent in its price

>> No.56621249

>>56621068
You're not even getting it right. Gold is valuable because of scarcity and stability.
Incidentally, so is BTC.

>> No.56621257
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56621257

>>56621199
>electronics could stop using gold tomorrow, it wouldn't make a dent in its price
WRONG
R
O
N
G

>> No.56621282

>>56621249
>scarcity and stability
>BTC
Solar flare, or 51% of the network agrees on upping the supply... Buttcoin is a psyop for you to put your fiat into and not gold.

>> No.56621317
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56621317

>>56620887
>>56621199
>>56621249

>> No.56621383

>>56621249
>Gold is valuable because of scarcity and stability
false

>> No.56621805

Gold is valuable cuz is used to manufacture technology