Gold is something that many people are evolutionarily attuned to irrationally desiring. Millennia of gold being the common store of value has an effect that is kind of like seeing the characters in Th...
I don't disagree about the primal nature. But the bottom line is that it is possible to have an asset that is not primarily used for MoE.
And that gold on a technical level does not have a particularly good:
1. Control of supply issuance
2. Intrinsic value as a floor
Which actually make it inferior to bitcoin as a store of value. Bitcoin has the added bonus of being better as a MoE, collateral and programmable money.
And that gold on a technical level does not have a particularly good:
1. Control of supply issuance
2. Intrinsic value as a floor
Which actually make it inferior to bitcoin as a store of value. Bitcoin has the added bonus of being better as a MoE, collateral and programmable money.
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