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Well sure, gold is not easily created but an asteroid made of pure gold could fall on Earth and make gold completely worthless. It could also happen that banks
by nkkollaw 9y ago
Well sure, gold is not easily created but an asteroid made of pure gold could fall on Earth and make gold completely worthless.
It could also happen that banks lobby to make Bitcoin illegal in all first-world countries.
For some reason I tend to believe the latter to be more likely to happen.
- holydude 9y agoGold is valuable because of its chemical properties and as long as there is a demand for high tech electronics and jewellery it will continue to be so.