Reply to post: Re: Insert meme here

Bitcoin is ‘disgusting and contrary to the interests of civilization’ says famed investor Charlie Munger

Anonymous Coward
Anonymous Coward

Re: Insert meme here

This puts a floor of value on gold under conditions where a society that has applications for gold exists. But the same organizational infrastructure supports the value of crypto for the utility that gold lacks as a financial instrument. Given the right circumstance, gold can be worthless to someone or some group. It only depends on what they need or want.

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