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by tim333 507 days ago
That's not actually true. The biggest use is for jewellery. (see https://www.gold.org/about-gold/gold-demand/by-sector) And largely has been for 4000+ years since ancient Egypt.
1 comments

Right, so gold has a financial use and a material use.

So, if I were to print bitcoin keys on firewood and sell that, would it become a “good investment” in your mind?

That’s basically what gold is. A commodity with some limited material value, whose price has become completely detached from that value due to its use as a financial instrument.