Hi there Investor,
I was just watched the video, and one point that you made I do not like. You compared GOLD to BTC. Why I have a problem with that?
You said that gold does not have value set in the real world. Why this is false - gold is the best electrical conductor and is used in constructing fine electronics. Everything, from CPUs to mobile phones, all use gold. And the absolute lowest price for gold would be the median price for mining it around 1000 USD per troy ounce. On other hand BTC does not have any application in the real world.
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I agree in the fact that gold does indeed have real usage value in the world, but no its not the best electrical conductor, both silver and copper is better conductors, and the best is actually structured graphite. Why they use gold in electronics is due to it being a pure and stable metal not easily effected by corrotion. It makes for very good contact surfaces and can sustain harsh environments like outer space. So its used as an outer layer on conecting points and surface coating. :)
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SIlver may be, I am not sure, copper is surely not a better conductor than gold. And yes graphene is the best so far discovered superconductor, but until we can produce it en masse, it will not be a viable substitution to gold.
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