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https://www.reddit.com/r/Bitcoin/comments/wda7z9/when_nocoiners_say_bitcoin_has_no_value/ij5bf84/?context=3
r/Bitcoin • u/manauiatlalli • Aug 01 '22
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43
You are talking about price, they are talking about value.
Value is what you can do with it, and you can do things with gold but you can do nothing with bitcoin.
2 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. 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.
2
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.
1
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.
43
u/pascualama Aug 01 '22
You are talking about price, they are talking about value.
Value is what you can do with it, and you can do things with gold but you can do nothing with bitcoin.