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by fny
546 days ago
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Gold was a multimellenial currency that then became an international standard. It’s not volatile. It still is treated as a store of value to combat inflation and currency debasement. Bitcoin is not a currency. No one uses it as a medium of exchange. It’s a speculative asset that behaves like a kangaroo on crack. |
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What properties of gold do you think led to it becoming globally recognised as good money?