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wmf
1265 days ago
Gold is also speculative and it's much larger than BTC. I hate crypto but $100K BTC is completely possible.
1 comments
eli
1265 days ago
Anything’s possible but gold is useful and has intrinsic value. Bitcoin isn’t very similar. I don’t think one implies anything about the other.
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mancerayder
1265 days ago
Gold used for jewelry or industrials is a fraction of the overall yearly production of gold though. So it's mostly used as speculative instrument to store value (assuming this sentence is allowed with those two clauses together).
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andirk
1264 days ago
Gold is by far mostly used as a store of value. Bitcoin is by far mostly used as a store of value. Next.
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