[sgt101]

My wife can't wear a bitcoin. She can wear a gold necklace and will be pleased to do it even if the price goes to 10%

[LudwigNagasena]

What’s better: someone’s wife wearing a gold necklace, or a gold ignot sitting idle in Fort Knox?

What’s better: someone living in a house, or a house sitting idle as a store of value?

What’s better: someone storing his wealth in houses and gold ignots, or in special financial assets that don’t take away products from other people?

[rvnx]

Hoarded wealth is a stinking manure; used wealth is a fertilizer.

[liontwist]

> hoarded

It’s bad to be able to transport wealth through time? Spend it or lose it? Never work hard now for later?

[mistercheph]

Would she be happy to wear a necklace that appeared identical to gold to the naked eye, but anyone with a $10 instrument could demonstrate was not gold but something relatively worthless? If so, I have something I would like to sell you that your wife would really love.

[1659447091]

I doubt she would be too pleased with the green stain left behind when taken off

[pfannkuchen]

Doesn’t the appeal of gold as jewelry rely on it being expensive? I think if the price cratered its use in jewelry would probably plummet.

[viraptor]

It's the look. You also get resin / rock / clay / steel / ... (anything really) jewellery. It's not just about the price. And even then, a jewelry-sized gold piece is quite cheap.