I think we all know on some level this is worthless, simply a gambling toy. At least with gold you can melt it down and make something pretty.
No, we don't know that, it has value - the electricity and processing power invested into creating it. As for gold, you can also melt bronze and make something pretty, so the value of gold should be about $1 per pound by your own valuation.
GOLD PLATES THE CONTACTS ON THE HARDWARE THAT MAKE BITCOIN POSSIBLE.
NO GOLD = NO BITCOIN
I would love to see gold at the price you suggest because the miners wouldn't be mining it.
Bitcoin would be no more.
Not gonna happen in my eyes, we can dream about it of course but its simply not gonna happen for sure its just way too much.