[ShopCat]

Originally Posted by Roswell

Do you actually know anyone who is buying gold to process it and make something with it?

Yep, there are literally hundreds of manufacturing processes that require gold. use an iPhone? Its got gold in it. https://www.usgoldbureau.com/news/golden-apple-40-million-worth-of-precious-metals

Can you name one where BTC is actually used?

As stated before... less than 10 percent of mined gold is used for utility. Its like 7% I think. so who has the other 90%? Investors and speculators. Anyone who applies this logic from bitcoin being mlm could apply the same to almost all other investments, its broad strokes and not thought through, no offense to anyone here.