5 ms·
Aside from its noble properties and industrial uses, gold is a terrifically lustrous metal that most every human being in history has admired and desired. Its a
by jamesgreenleaf 6y ago
Aside from its noble properties and industrial uses, gold is a terrifically lustrous metal that most every human being in history has admired and desired. Its ability to convey wealth, luxury, power, and beauty has not diminished for thousands of years.
Bitcoin is a ten year old project, written in mutable code, that's invisible, intangible, and essentially replicable by any number of competing crypto projects or forks. It may be useful, or it may not be. It may stick around, or it may disappear. Either way, it's not seriously comparable to gold.
- SubiculumCode 6y agoOn the other hand, for the last 40+ years, we've seen a massive proliferation of lustrous materials produced, so much they literally cover our kid's bedroom floors. Luster, once rare, is now cheap and gaudy.
- jamesgreenleaf 6y agoOnly the extremely wealthy could line their floor with gold. You were comparing Bitcoin to gold, not "all lustrous materials". It remains a poor comparison.