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Why? Gold has the same basic economic proposition: * Mined at a steady and predictable rate * Ecologically destructive * Valued because it is hoarded * Hoarded
by alex_young 10y ago
Why? Gold has the same basic economic proposition:
* Mined at a steady and predictable rate
* Ecologically destructive
* Valued because it is hoarded
* Hoarded because it is valued
- jrockway 10y agoCan you plate Bitcoins on to metals to produce a layer that doesn't corrode or oxidize? Because gold is pretty good at that.