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Re:No Bitcoin ETFs at Vanguard by oellegaard on Sunday January 26, 2025 @01:16PM (#42832325)
except you cannot melt it and wear it to show off
Re:No Bitcoin ETFs at Vanguard by rvnx on Sunday January 26, 2025 @01:18PM (#42832343)
and you cannot produce electronics out of it, nor use it in dentistry, or medicine.
Re:No Bitcoin ETFs at Vanguard by leishman on Sunday January 26, 2025 @01:26PM (#42832446)
one reason it's better money than Gold, there are no industrial supply/demand dynamics impacting its price. It's pure monetary premium
Re:No Bitcoin ETFs at Vanguard by jonbodner on Sunday January 26, 2025 @01:27PM (#42832458)
And gold is a non reactive physical object. Storing gold is cheap compared to the infrastructure required to keep Bitcoin ledger information.
Re:No Bitcoin ETFs at Vanguard by DonHopkins on Sunday January 26, 2025 @01:59PM (#42832818)
You need gold in a computer to mine bitcoin, but you don't need bitcoin to mine gold.