Re:Crypto’s Final Price Could Be Zero
by TacticalCoder on Tuesday November 29, 2022 @12:25PM
(#33790420)
> Gold bugs.
It's not just gold bugs: central banks worldwide are stockpiling on gold at record levels lately.
https://www.reuters.com/markets/commodities/record-central-b...
But even without them its value would not go to zero; ignoring the purely aesthetic uses (jewelry, decorations, etc.,) elemental gold has a wide variety of uses including corrosion-resistant electrical contacts, dental fillings, etc.; the James Webb Space Telescope mirrors have a gold coating as it is a good reflector of infrared radiation.