Gold has some value from use in corrosion resistant cables, contacts, or telescopes, but it's mostly just an agreed upon store of value like any other currency

[–] explodicle@local106.com 2 points 1 year ago (1 children)

So it is worth something then.

[–] JohnDClay@sh.itjust.works 3 points 1 year ago (1 children)

I mean usd cash can be used for fire kindling. Both get the vast majority of their value from our collective decision to think that they are valuable.

[–] explodicle@local106.com 2 points 1 year ago

That's a quality of the paper it's printed on, regardless of denomination.