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Gold is backed by nothing but scarcity, high energy costs to mine it, and utility. That's no different than ethereum.
by hanniabu 7y ago
Gold is backed by nothing but scarcity, high energy costs to mine it, and utility. That's no different than ethereum.
- arcticbull 7y agoExcept the scarcity of digital assets is all pretend, since you can just fork Ethereum and make your own. You can't fork gold.