Unlike gold, the "finite supply" of BTC is socially constructed.
That's my whole argument for gold. The finite supply isn't socially constructed, and getting more requires building real infrastructure.
That's my whole argument for gold. The finite supply isn't socially constructed, and getting more requires building real infrastructure.
2. What do you mean by "real" infrastructure? Crypto-mining rigs are no less real than actual mines.
My argument would be that gold's value is as much a social construct as that of crypto; value is just a function of supply and demand.
I'm guessing you might post that there is a third input: utility. "Currency" is one use for gold, but can certainly serve many purposes, whereas crypto coins are strictly used as currency. That fact is presumably taken into account by a coin's price; nonetheless, it still has whatever value the market says it has at any time.
Meanwhile a TSA scanner's beep get treated as "this person is bringing a problem.".