for your bank account, either you invest it in stock or in crypto. provided that you have such an amount.
You're talking about mathematical numbers but it real life gold is a material that is used, after all the tradings in the end some people actually use this gold as ornaments,not exactly
a consumer product is something that is 'consumed' or expires
a painting is something that keeps its value and can be traded again a 100 years later
granted a painting needs maintenance.
same as a piece of real state or a piece of land
is it a consumer product ?
same as gold
Is gold a consumer product ?
it has a value due to its rarity and demand
same as bitcoin
there's demand thus there's value.
With bitcoin it could have been a currency but since the pct of people who actually use it is too low, the 99% are buying to later sell it, so this 5,000$ is just something you will get from the next one you sell it to, its only value is to be sold until at the end whne no-one buys it the last users (the leaf in the pyramid scheme) pay the price