[bpicolo]

There's really no actual reason it should have value equal to the value of all mined gold though.

[ryanwaggoner]

There’s no actual reason that gold should have the value it does, either, other than the global shared delusion of it as a store of value.

[down]

yes, bitcoin is better then gold, will probably get higher

[acchow]

Except, the millions of gold holders (including in jewelry, etc) around the world can transact among each other at any time.

Bitcoin can handle 3-7 transactions per second.