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Re:Bitcoin and positive vs. normative economics by eli_gottlieb on Sunday December 29, 2013 @07:14AM (#6979346)
>So gold was used extensively 2000-3000 years ago. Exactly what was its intrinsic utility then?

Well, usually, the intrinsic utility of gold and silver was that they could be used as jewelry and/or used as instruments of worship. Most bullion money has evolved from substances considered divine.

Remember the Golden Calf?

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