3 ms·
> By that logic, gold should be worthless. No, gold is not a currency (anymore). Gold is an asset. Gold is rare. Gold has real world use. Gold can be used for
by Toine 7y ago
> By that logic, gold should be worthless.
No, gold is not a currency (anymore). Gold is an asset. Gold is rare. Gold has real world use. Gold can be used for many things. Gold can be purchased with money to be worn or used.
So no, by that logic, gold shouldn't be worthless at all. You're comparing two different things.
- xorcist 7y ago> No, gold is not a currency Most people would probably disagree on that. Gold even has an ISO-4217 currency designaton, XAU.