re: Why is Bitcoin soaring?

quote:

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~9% of gold’s value is tied to its industrial use ~91% of its value is tied to people perceiving it as valuable

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Not really sure that accurate or how you could even know those figures.
It’d be interesting to know what percentage of bitcoin’s value is tied to its intrinsic use and what percentage is tied to its perceived value.

I’d imagine it would be almost all perceived value since the actual usage of bitcoin is limited.