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One deck is made of wood. One deck is made made of steel. They will behave differently after years of weathering.

Just because they are both both decks doesn't mean they are the same.

Are both useful in some context?

In the same way that nearly any two arbitrary objects are useful in some context.

From the perspective of an investor who just wants their stonks to go up, sure. From the perspective of a sailor who wants the deck to not crumble beneath their feet in a storm, no.

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