Re:Norway Rejects Bitcoin As Currency; Taxes As Asset, Instead
by ars_technician on Monday December 16, 2013 @10:51AM
(#6915453)
>Jewelry - maybe, but isn't it so desired for jewelry because it is scarce? You could make jewelry out of less noble metals.
You're right, people want it because it's shiny and rare. That makes demand for it. People can and do make jewelry out of other metals, but it's not as "prestigious". You highly underestimate how materialistic the majority of the world is.
You're right, people want it because it's shiny and rare. That makes demand for it. People can and do make jewelry out of other metals, but it's not as "prestigious". You highly underestimate how materialistic the majority of the world is.