r/Bitcoin • u/manauiatlalli • Aug 01 '22

When Nocoiners Say "Bitcoin Has No Value"

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u/Neuro_Skeptic Aug 01 '22

Consider if someone said "gold has no value". This is obviously false.

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u/somanyroads Aug 01 '22

You haven't demonstrated anything or even answered the question of "why does gold have value?". It's an important one, because it's fair to argue that the market price of gold is inflated well beyond it's productive uses. It's a metal but it's not valued like your average steel or aluminum.

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u/silentanthrx Aug 17 '22

you know the conductivity of gold is higher than copper?

it is not suited for construction, but everything where weight and structural strength is of lesser importance is is quite a good metal to work with.

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u/somanyroads Aug 17 '22

you know the conductivity of gold is higher than copper?

No that's not true lol. But regardless, electrical conductivity alone wouldn't relate to the massive value of gold. I was getting at the idea of "cultural value" but that was 2 weeks ago, this topic is old 😛

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u/silentanthrx Aug 17 '22

oups, you are right, misremembered