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RE: Michael Saylor: Bitcoin To $10 Million

in LeoFinance8 months ago

I think it is similar to gold as an investment, but gold actually has a lot of uses. Gold is necessary in electronics, gadgets, vehicles, and space related equipment/machinery. There is also gold's use in jewelry. Compared to bitcoin that literally has nothing else.

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Yes it does have some use cases but when it comes to the amount of metals out there, it is minor. Plus, if it is utility that gave gold its market cap, it would collapse.