[ScottAS]

While gold has a much later stage "shared illusion of value" that comes from its brand and emotional associations, I'd argue that Bitcoin is extremely similar, just much earlier stage.

The purported uses of gold have no relevance, they're just part of the illusion of gold having value. We value 3 swimming pools of an arbitrary substance at 7 trillion dollars. There is no utility that even justifies 1% of this valuation. It does not produce dividends.

Would you rather speculate on a "shared illusion of value" that has massive room to grow into the digital age, or one that is potentially reaching peak levels of absurdity?

Both assets are illusory bullshit - but you can make a lot of money trading bullshit.