While raw materials are limited by God, and impossible to improve, technology is something continuously evolving. What is high tech today is obsolete tomorrow. However, a raw material remains a raw material. The demand may vary with time, but its fundamental properties can never become obsolete.
The idea that technology can be a store of value is naive, if not right out insane. When did technology ever store any value? Why do people think that crypto can compete with raw materials as a store of value? It's simply baffling.
Bitcoin is already an outdated technology, and will never function as everyday currency. Yet, its price keeps going up.
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| Windmills |
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