On: Major crypto lender Celsius freezes withdrawals as...

[kanzure]

If the market price of gold goes to zero, then no, by definition it has no remaining utility.

[dan1234 → kanzure]

That's also why it'd probably never get close to zero - its utility means it'd always have some value to someone.

Even if we were to come up with a way to produce a synthetic gold, the price of gold would only fall as far the cost of synthetic gold.

[politician → dan1234]

Does this line of reasoning imply that if Bitcoin never goes to zero then it must have some utility even if the random person on HN cannot articulate it?