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Re:Hard Problems in Cryptocurrency: Five Years Later by hanniabu on Sunday November 24, 2019 @12:28PM (#21621860)
Gold is backed by nothing but scarcity, high energy costs to mine it, and utility. That's no different than ethereum.
Re:Hard Problems in Cryptocurrency: Five Years Later by arcticbull on Sunday November 24, 2019 @10:17PM (#21625165)
Except the scarcity of digital assets is all pretend, since you can just fork Ethereum and make your own. You can't fork gold.