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There's really no actual reason it should have value equal to the value of all mined gold though.
by bpicolo 9y ago
There's really no actual reason it should have value equal to the value of all mined gold though.
- down 9y agoyes, bitcoin is better then gold, will probably get higher
- acchow 9y agoExcept, the millions of gold holders (including in jewelry, etc) around the world can transact among each other at any time. Bitcoin can handle 3-7 transactions per second.
- ryanwaggoner 9y agoThere’s no actual reason that gold should have the value it does, either, other than the global shared delusion of it as a store of value.