Let’s say 90% of gold’s value stems from its monetary premium, not its utility (for jewelry, electronics, etc). As such, it is primarily the properties of gold as money that dictate this value. Gold is durable and scarce. It is not salable (where can you buy things with it?), it is not divisible (in practical terms for users), it is not portable (who wants to carry around their gold that they can’t even spend?), it is not uniform in a practical sense (we don’t all use gold coins or certificates that are the same), it is not verifiable (for obvious reasons), it is not accessible (how many people around the world can reasonably use gold day to day?). So if durability and scarcity alone drive 90% of gold’s value, then those same properties, plus all of the others that Bitcoin truly has, implies the inherent value of Bitcoin is significantly higher than that of gold. @4379e76b…065061ad @HODL @c4eabae1…61cbc4e0