@jeffw to politics • 2 months agoUS selling 69K seized bitcoins could mess with Trump plans for crypto reservearstechnica.comexternal-linkmessage-square22arrow-up1116arrow-down11cross-posted to: [email protected]
arrow-up1115arrow-down1external-linkUS selling 69K seized bitcoins could mess with Trump plans for crypto reservearstechnica.com@jeffw to politics • 2 months agomessage-square22cross-posted to: [email protected]
minus-square@[email protected]linkfedilink0•2 months agoWhat makes gold valuable in this day and age beyond just peoples’ willingness to pay for it?
minus-square@[email protected]linkfedilink1•edit-22 months agoYes, but the value of gold is not determine solely by its industrial use. It would be far cheaper if it was… It is valuable because people believe that it is valuable. That’s literally it.
What makes gold valuable in this day and age beyond just peoples’ willingness to pay for it?
It’s very commonly used in, e.g., electronics.
Yes, but the value of gold is not determine solely by its industrial use. It would be far cheaper if it was… It is valuable because people believe that it is valuable. That’s literally it.