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re: Why is Bitcoin soaring?

Posted on 3/4/24 at 11:50 am to
Posted by The Baker
This is fine.
Member since Dec 2011
16183 posts
Posted on 3/4/24 at 11:50 am to
quote:

Gold is an actual physical commodity that can be used in many applications. That gives it real, instrinsic value. It’s useful in daily life as a material.


Yeah thats why gold was used thousands of years ago. The intrinsic value of electroplating in circuits.
Posted by SlidellCajun
Slidell la
Member since May 2019
10501 posts
Posted on 3/4/24 at 4:15 pm to
quote:

Yeah thats why gold was used thousands of years ago. The intrinsic value of electroplating in circuits.


Not sure why you’re so hung up on gold but it’s certainly got real value as a commodity.

I think the better comparison as a currency is the usd.
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