Massively overrated crypto

slow, expensive and impractical
i don't get it

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>i don't get it
and it will remain like this. we need you retards staying poor and buying our bags later.

NETWORK EFFECT

greed blinds the fool


now?

It getting expensive is the whole point, you retard.

Gold is a useless, heavy and shiny stone which happens to be scarce... some human beings 10.000 Years ago liked that so much, they started trading it... point is; value is not always connected to a direct use. deal with it.

Gold has direct use and it's exactly why "some guy liked it so much 10k years ago".

It's okay, not everyone can be rich user. Got to have cold to contrast with the hot, otherwise neither could exist. Thank you for being my poor contrast, allowing me to be rich.

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there will only be 21 million cones. get it now?

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that's why you are poor
maybe one day you will get it

Gold had absolutely no uses 10k years ago.
Beside jewelry, aka nice way to show your wealth.

Bitcoin is the closest equivalent in crypto world.
You wouldn't buy your daily bread with gold. It would be impractical, and it's not its point.

you could actually mix like 1% gold into copper coins or embed a holo stamped few micron thin gold foil in a clear plastic chip

we could make gold work as currency it's not the physical limitations that make it a stupid idea.

Well, if you embed a small fraction of gold in coins, you can bet it, chinks will produce fake and your average joe wont have any mean to check if coins are fake or not.
Beside, diluting that much gold in other metal would almost destroy it's value as it woule be very hard to recover if needed.

Its like the Wild West of Finance.

>few micron thin gold foil in a clear plastic chip
it would be extremely difficult to fake it so that you deceive human eye but a simple near infrared scan could routinely check the material composition and the film would simply be too thin to put any inserts in.

nah it's perfectly possible to make gold everyday money, it's just fucking stupid. fiat is way better as cash.

>another criticism of crypto which could fully be applied to any fiat and precious metals

stay poor lmao

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based boomer

>it woule be very hard to recover if needed
uhmm no gold is fairly straightforward to retrieve from metal mixes. but you don't really have to. it can be recycled as is.

Also has a massive vulnerability that is outright ignored.

Go on

Facebook is a shit social network but normies don’t give a fuck.

This is why you will stay poor OP.

uhmm no gold is fairly straightforward to retrieve from metal mixes

You have to consider the cost and amount of energy required just to get the gold out of each metal based currency. Then multiply that by the amount of said currencies in circulation.

>slower, more expensive and more impractical

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but why would you if you want gold in your currency?

You can buy a shitton of acid from your hardware store for cheap. Mixing acid and hydrogen peroxide will allow you to dissolve copper and leave the gold behind, and the chemicals are pretty cheap.

mints actually just use heat separation.
the ancient way. using heat and differences in metal densities to separate them.
not a big deal.

10 years and the largest bug bounty in history. Honey Badger still gives no fucks.

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It's the first one. More trusted.

>buying our bags
Im never selling only spending

You had years you dumb nigger stay poor and mad

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>store of value
>volatile

Narrative doesn't fit