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Yes, I don't understand why people think that gold has some sort of intrinsic value. It only has value because we collectively agree it's valuable. But in itse
by eloisant 3y ago
Yes, I don't understand why people think that gold has some sort of intrinsic value.
It only has value because we collectively agree it's valuable. But in itself it's not super useful, yes there are some industrial applications where it's better than other metals but if it was only valued on this basis it would be worth much, much less.