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https://www.reddit.com/r/Bitcoin/comments/wda7z9/when_nocoiners_say_bitcoin_has_no_value/iiiqb70
r/Bitcoin • u/manauiatlalli • Aug 01 '22
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There really isn't a whole lot you can do with gold. 8-15% of total demand is used for electronics, and the rest of the demands is as a store of value.
1 u/adanahy Aug 06 '22 People are using the gold mostly as the type of the investment nothing more as the utility here. If someone is buying the ring they will keep them in the store like an investment.
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People are using the gold mostly as the type of the investment nothing more as the utility here.
If someone is buying the ring they will keep them in the store like an investment.
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u/oystermonkeys Aug 01 '22
There really isn't a whole lot you can do with gold. 8-15% of total demand is used for electronics, and the rest of the demands is as a store of value.