RE:RE:RE:Easy to see where Frank wants to take this wow you call all really lear something from this guy. not obvious at all.
AlphaJ wrote:
if you need data sources. Go look at frank guitar. I think that's his name spelling. He said that 20% at least, of gold decline in value is due to bitcoin. The reality is gold has no intrinsic value either. Their is no engineer material purpose for gold other then gold plating for the electronic connections, which has not created substantial demand for it. unlike lithium and cobalt which is in high demand for batteries. Gold has value based on a concensus system. If we all believe it has value, then it does. Bitcoin and crypto works on the same consensus principle.