Industrial value? Didn't say that. You just proved that 60% of gold is used to make things. Hand someone a bitcoin and tell me what they can do with it if the $ value of it is zero. I will give you a hint, nothing.
Also, love your links. YOU CANNOT PAY FOR SOMETHING ON AMAZON.COM WITH BITCOINS. All that link is is a place for you to give bitcoins to someone who then buys something for you on Amazon with USD and accepts your bitcoins for their payment. Hey, I tell you what, I take payments in old shoes and I have Amazon Prime, so now you can buy anything you want off Amazon with old shoes and get two day free shipping. Old shoes are better than bitcoins.
My head is out of the sand, you may want to stop drinking the Koolaid.
You cannot get any denser, yeah go ahead and spend $1500 on an ounce of gold when the value needed in a cell phone is 50 cents.
OMG you can buy whatever you want on Amazon, but it's not recognized as legal tender!, you probably think Paypal is run on a bunch of imaginary pixie dust too.
I drink all the Koolaid evidently, "that is why USD is the only currency in the world, Pony Express is the only way communicate, and Wells Fargo cash transactions are the only way to transact business!"
Isn't Paypal traded on established currencies? Bitcoin is extremely volatile and not backed by anything.