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Monetary gold is just a physical implementation of a secure ledger with very limited inflation, and at a $6T market cap, it's clear that such a ledger has value
by stevedekorte 12y ago
Monetary gold is just a physical implementation of a secure ledger with very limited inflation, and at a $6T market cap, it's clear that such a ledger has value for more than just black and grey market uses.
Bitcoin is a digital version of a secure ledger (with long term zero monetary inflation) but solves gold's transport, secure storage, divisibility, verifiability, etc issues.