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1. Gold is used for other things than just investment, including jewellery and industrial uses (principally electronics). Can you plate a connector with Bitcoin
by Sanzig 6y ago
1. Gold is used for other things than just investment, including jewellery and industrial uses (principally electronics). Can you plate a connector with Bitcoin?
2. I'm willing to bet that the economic multiplier for money spent on a gold mine is far higher than a crypto farm. Even looking at job creation alone, gold wins.
3. The literature [1] disagrees with your assertion that gold mining uses more energy than bitcoin generation.
[1] https://www.nature.com/articles/s41893-018-0152-7 https://www.nature.com/articles/s41893-018-0152-7