Quote from: Helen Holmes on August 17, 2017, 07:03:04 AM

I`m 28, how old are you? Only a non-evolving hardcore conservative would think otherwise. You gold bugs must be very narrowminded, no offence. Chariots have been around 5000 years like gold, yet they have been replaced merely 80 years ago by cars, simply because it was better. You think gold is so divine and invulnerable that it cant be replaced by something much more efficient: BITCOIN? You are the childish here Cheesy

Again, the world was taken off the gold standard decades ago, so there is no dilemma - to use gold for everyday transactions or not, since it's not used for that purpose since 1934! Nevertheless, 16% of yearly mined gold is consumed in industrial applications, and the rest goes to jewellery and preserving wealth. Chariots are hand made invention, gold is made in stars explosions (so its way more difficult to produce than BTC) and has an intrinsic value in itself, as the air we breath, the water we drink and the food we eat (meaning it will never go out of trend).