rich1.0uncleJim21 (npub1g5…e9lcr)https://nostr.ae/npub1g5642xjqyudstx4e9dc702m7suqqvx3djxcdyre38muz7pfwkzzsye9lcrnjumphttps://nostr.aeThe utility value of gold is like 10% of its market cap. Most of its market cap is imputed monetary premium (speculative). Its intrinsic value argument is moot and not a meaningful floor for price. I hate complacency and I think we have to push for MoE but I also think the store of value argument is much stronger for bitcoin which has a lower issuance rate than gold.