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A comment on Bitcoin surpasses $50K as major companies jump into crypto. Parent comment

Re:Bitcoin surpasses $50K as major companies jump into crypto by graeme on Wednesday February 17, 2021 @12:11AM (#26162956)
Maybe I don’t follow you but if more than half of gold use is jewelry then it seems the use has a lot to do with it’s value. People trade gold on top of that but it’s linked to use. If jewelry demand dropped 98% it would surely affect the price of gold.
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Re:Bitcoin surpasses $50K as major companies jump into crypto by efwfwef on Friday February 19, 2021 @01:07AM (#26190254)
> half of gold use is jewelry

uh, no that's not true. I bet there's more bitcoin being used to buy drugs than gold being used in jewelry

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