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This always gets brought up but gold is used for much more. It’s in electronics, people value it as jewelry, etc. I can go to a coin shop today and exchange my
by skellera 9y ago
This always gets brought up but gold is used for much more. It’s in electronics, people value it as jewelry, etc. I can go to a coin shop today and exchange my gold for a much smaller fee than Bitcoin. Gold has historically shown its ability to store value.
If the fees come back down, all of the Bitcoin people will start saying they never called it a store of value. People just have to justify why they’re making irrational decisions.