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by oellegaard 508 days ago
except you cannot melt it and wear it to show off
2 comments

and you cannot produce electronics out of it, nor use it in dentistry, or medicine.
one reason it's better money than Gold, there are no industrial supply/demand dynamics impacting its price. It's pure monetary premium
And gold is a non reactive physical object. Storing gold is cheap compared to the infrastructure required to keep Bitcoin ledger information.
You need gold in a computer to mine bitcoin, but you don't need bitcoin to mine gold.