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I would buy gold before I invested in bitcoin. At least I could use gold to make something. The value in the end lies in utility I suppose.
by lowglow 14y ago
I would buy gold before I invested in bitcoin. At least I could use gold to make something. The value in the end lies in utility I suppose.
- jhales 14y agoThe value that gold derives from industrial uses is minimal today and practically non-existent historically. Assuming you are talking about jewelry? In that case it's important to consider how much of it's popularity in such matters depend on its ability to be scarce and store value making its value derive from a very similar psychological circle as bitcoins.