It is immutable. It is a conductor. It can be fashioned into objects of beauty. It has long been seen as something precious and recognised as a store of value. Whilst it has a finite supply, its release is also controlled. It is a tangible asset. It isn't locked up in an ephemeral blockchain. I agree with @buggedout's post here. Bitcoin and other altcoins are notoriously volatile. Perhaps injecting gold into the mix might help to stabilise the space. Intrinsically, what is gold's value? Well, it can be "mined", but not at will. There is a finite supply. Its value is, as @buggedout states below, whatever value you bestow upon it. What value does cryptocurrency have? Turn off the power. What is it worth? Most ICOs are ideas and promises, backed up by white papers. Gold is a real, tangible asset. It's not going to disappear.
Ahh, the old Intrinsic Value chestnut. I am not getting into that debate, sorry.
I'm a free market guy so gold is worth whatever someone is prepared to pay for it. Same as cryptos.
It is immutable. It is a conductor. It can be fashioned into objects of beauty. It has long been seen as something precious and recognised as a store of value. Whilst it has a finite supply, its release is also controlled. It is a tangible asset. It isn't locked up in an ephemeral blockchain. I agree with @buggedout's post here. Bitcoin and other altcoins are notoriously volatile. Perhaps injecting gold into the mix might help to stabilise the space. Intrinsically, what is gold's value? Well, it can be "mined", but not at will. There is a finite supply. Its value is, as @buggedout states below, whatever value you bestow upon it. What value does cryptocurrency have? Turn off the power. What is it worth? Most ICOs are ideas and promises, backed up by white papers. Gold is a real, tangible asset. It's not going to disappear.