Podcasts/The Bitcoin Collective/Why Does Gold Have Value? Scarcity & Social Consensus (Explained)
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The Bitcoin Collective

Why Does Gold Have Value? Scarcity & Social Consensus (Explained)

February 26, 2026
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Show Notes

Why does gold have value? It’s not jewellery or “usefulness” — most gold sits in vaults. This clip explains how social consensus and scarcity create monetary value, and why that matters when comparing gold to Bitcoin. From The Bitcoin Collective podcast. #gold #bitcoin #money #inflation