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According to the ancestor post, gold's unique practical properties (like for electronics) constitute very little of its market value. Most of its value comes f
by Ferret7446 4y ago
According to the ancestor post, gold's unique practical properties (like for electronics) constitute very little of its market value. Most of its value comes from its unique property of looking pretty and its scarcity due to work needed to obtain it, which is again the same as cryptocurrency.