How does gold store any value? It's not because you can extract any value from gold or because it is useful for some industrial purpose. That's only a minor par

How does gold store any value? It's not because you can extract any value from gold or because it is useful for some industrial purpose. That's only a minor part of it. That's not why people in general covet it. People value gold, because it is hard to get and other people don't have it. Same for Bitcoin.