Redditsux@lemmy.world to News@lemmy.worldEnglish · 18 days agoWhite House Says Gold Reserves May Be Used to Purchase Bitcoinfinance.yahoo.comexternal-linkmessage-square197linkfedilinkarrow-up1618arrow-down17file-textcross-posted to: hackernews@lemmy.bestiver.se
arrow-up1611arrow-down1external-linkWhite House Says Gold Reserves May Be Used to Purchase Bitcoinfinance.yahoo.comRedditsux@lemmy.world to News@lemmy.worldEnglish · 18 days agomessage-square197linkfedilinkfile-textcross-posted to: hackernews@lemmy.bestiver.se
minus-squareWahots@pawb.sociallinkfedilinkarrow-up11arrow-down1·17 days agoThat, and gold actually has properties that make it useful, like not oxidizing and being a good conductor. It still has value even if it was otherwise worthless as a currency
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down3·17 days agoIf bitcoin was otherwise worthless as a currency, then it would still be useful for secure time stamps.
That, and gold actually has properties that make it useful, like not oxidizing and being a good conductor. It still has value even if it was otherwise worthless as a currency
If bitcoin was otherwise worthless as a currency, then it would still be useful for secure time stamps.