Re:Bitcoin is a disaster
by smabie on Thursday December 31, 2020 @06:25PM
(#25598435)
The vast majority of mined gold in existence is not used for industrial purposes.
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But industrial use is big (see the link from the other poster, 37% in the US), and growing. Gold is a very useful material and not only for its shininess.
The current pricing of gold has nothing, repeat after me, nothing to do with its industrial use.