Hacker News new | ask | show | jobs
by AOsborn 1321 days ago
It's not an asset. It doesn't provide value or a return.
1 comments
CallMeJim 1321 days ago
It is an asset, unless you consider gold etc. to not be assets either?
link
marticode 1321 days ago
Gold has industrial uses without even talking about jewelry. Even if everyone stopped valuing gold as a form of currency, it would still has some intrinsic value.
link
tasuki 1320 days ago
What would that value be though? 20% of its current value? Would you then say that gold was only 20% asset and 80% ponzi?
link