That's true, but gold held value long before it was used in any sort of manufactoring
The real value of the US dollar is most people trust that the US will exist for a very very long time
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Sorry I just spent like two weeks sort of wrapping my head around it and I still don't *fully* get it so writing it out helps
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Well said sir. Eth had no real value and is solely controlled by one person where as Bitcoin is the gold all the others rely on. Though 1man
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Any currency only ever has the value people believe it has. Cryptos are hard to create or fake and independent of politics.
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That bitcoins take hw/time/energy to mine is a way of controlling the value / limiting availability. Other cryptos are limited at start.
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