> It’s relatively rare and production is naturally very limited (in contrast to e.g. diamonds that can be produced from carbon)
What about the gold-rich asteroids we can mine?
> It has a special tax-free status in some legislations.
This is a non-starter for me, someone can lobby the government to undo this easily
> It can hardly be destroyed (you can easily loose your bitcoin when your hard disk dies)
You can literally lose gold, just like how you can "loose" your bitcoin (who stores bitcoin on their hard-drive now anyway, it's 2020, there are paper wallets too, in fact, I can literally memorize 12 words)
> it’s beautiful and you can use it for jewelry and art
What about the gold-rich asteroids we can mine?
> It has a special tax-free status in some legislations.
This is a non-starter for me, someone can lobby the government to undo this easily
> It can hardly be destroyed (you can easily loose your bitcoin when your hard disk dies)
You can literally lose gold, just like how you can "loose" your bitcoin (who stores bitcoin on their hard-drive now anyway, it's 2020, there are paper wallets too, in fact, I can literally memorize 12 words)
> it’s beautiful and you can use it for jewelry and art
Sorry, I don't wear jewelry.