3 ms·
@maxerickson I'm not arguing that gold isn't useful, it absolutely is. Every element in the periodic table has been used for something practical, as far as I'm
by ye 13y ago
@maxerickson I'm not arguing that gold isn't useful, it absolutely is. Every element in the periodic table has been used for something practical, as far as I'm aware.
I'm arguing against the "intrinsic value" bullsh*t.
- maxerickson 13y agoI ignored all the stuff about intrinsic value. I just pointed out that there are strong reasons to believe that gold will retain some value in the future. There is exactly no drop in replacement for gold. Drop in replacements for bitcoin are easy (not necessarily drop in replacements with so many miners, but I don't think it is clear whether that matters).