This is a circular argument, as the earliest uses of jewelery was likely as a store of value (your tribe could trade jewelery for food with a neighboring tribe

This is a circular argument, as the earliest uses of jewelery was likely as a store of value (your tribe could trade jewelery for food with a neighboring tribe in emergencies) There exists no objective argument that gold is somehow more beautiful than say, a flower or a rainbow... We only think of it as "beautiful" because of its money-like properties (i.e. it's scarce, durable, easily carried & transferred) This suggests to me that gold is valuable precisely for the same reasons as Bitcoin, not because of some magical notion of "intrinsic value" that eludes other money alternatives. (Yes, I'm aware gold has some minor uses in electronics manufacturing, but then lots of people are currently building electronic devices with Bitcoin wallets, so both have uses in this regard...)