Comment: Correct

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In reply to comment: Good Points All Around (see in situ)


but the network does have value, which is growing all the time. That's where the value comes from. It's true that doesn't give the same assurance for a store of value gold does, but it doesn't need to.

As I often say, use gold for what it's best at (storing value) and Bitcoin for what it's best at (transacting value). That means you can have both - probably a significant part of your wealth in gold, and some small fraction, based on your intended use of the currency, in Bitcoin. Simple.