Comment: You can eat it.

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In reply to comment: Gold is not that useful? I (see in situ)

You can eat it.

The reason it is so valuable is that it is extremely durable, hard to mine, and rare. I just don't think the word 'useful' is very fitting.

By your reasoning all the owners of the multi-trillions of dollars on the Forex do not understand currency. I beg to differ.

I am not a big fan of Bitcoin but I applaud the people who bought into it and made some dough. I think Bitcoin is a good idea. When they figure out how to give it intrinsic value I may buy, cause I like intrinsic value. But those Forex traders are very smart and some very wealthy for participating so I won't knock any of them because currency is not useful.