Quote from: cryptomarketyourself on December 16, 2019, 04:12:10 PM

Quote from: timcook on December 16, 2019, 12:05:55 PM

HAHAHA. they're both funny. I liked his response. quite on point. although gold is used more than in dentistry and jewlery. tech devices use gold too. gold has more intrinsic value than bitcoin imo

Gold's uses don't match up in quality with bitcoin's biggest use case: transfer wealth at a cheap cost anytime anyday. you can't do this with gold. and golden teeth or shiny objects don't match this.

Bitcoin and gold are different kind of assets and while having attributes that can be compared, gold is physical while Bitcoin is an immaterial asset.
Gold as material asset it has way more use cases than what you describe.

James Webb telescope is an example of why gold is important and the strong use case it has:
https://eoncoat.com/mirrors-nasas-james-webb-telescope-receive-gold-coating/

That said, I am of the opinion that Bitcoin is better than gold as both store of value and a means of payments and transfer of money worldwide.
Still there is actually no need to degrade gold as a metal and I see no value for Bitcoin in doing so.