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- - Ragniirox Papinbala: It seem Peter’s most solid argument of gold over bitcoin is its value aside from being a store of value. If you compare gold to other metals of similar rarity and practical applications it would be worth about $20-$70 an ounce. Compare that to its current value of $1400 an ounce and you have over 95% of its value as speculative/store of value. Peters main argument holds no real weight if you really look into it.
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