As Gold Hits New Record, Some See Warning Signs of Civilizational Collapse

Lee Duna@lemmy.nz · 10 天前

QuoVadisHomines@sh.itjust.works · 9 天前

Yes, it is durable, portable and compact. We can all agree on the fact you can make things with it.

Is there any value in something that holds no real utility or real value?

HumanOnEarth@lemmy.ca · 9 天前

There is tons of utility! Intrinsic value, not like gold no…but utility, absolutely.

QuoVadisHomines@sh.itjust.works · 9 天前

No there is no utility. You cannot do anything with crypto whereas I can make all sorts of stuff from gold as it is a real physical object.

HumanOnEarth@lemmy.ca · 9 天前

Do you invest in gold? Does your pension plan?

QuoVadisHomines@sh.itjust.works · 9 天前

No, and they might

HumanOnEarth@lemmy.ca · 9 天前

If your pension plan does, it’s not real gold right? Who has it? Are you sure? Are the records transparent?

QuoVadisHomines@sh.itjust.works · 9 天前

It’s held in reserve by a bank if they are invested directly in gold. Who is holding your crypto? Oh that’s right no one is.

HumanOnEarth@lemmy.ca · 9 天前

Lololol no one is. Ok. God damn I guess I am going to get rich with arguments like this…

QuoVadisHomines@sh.itjust.works · 9 天前

If your crypto is immaterial no one can hold it