Remember the days when gold used to mean something, not just another currency in your bags, remember when every single gold coin was valuable in its own right? Gold used to be used for everything and not many people had a lot of gold, most people would be carrying around 100 gold, 3k was considered extremely rich, every class had to spend money on basic things, rogues had to buy vanishing powder so they could use a core ability, hunters had to buy ammunition for their bows, raiders had to buy tons of potions of the auction house just to defeat certain bosses, every death had a big consequence as repairing your gear was extremely punishing, buying an epic mount was a huge investment, there was never hardly ever any epics on the auction house and when one did pop up it was an epic set bracer or a belt or something but they were huge upgrades to blue items so if you were lucky enough to have enough gold to buy one it felt like a huge investment for your character
people used to farm for hours on end in places like tyrs hand on elite mobs with the risk of dying a lot for the chance of a blue drop or even an epic to strike lucky, it just meant so much more and players would actively go out into the world to farm mobs for gold and random world pvp would ensue, it's just another thing that is sadly been taken away from the game and holds little importance.
Whats the point in going out into the world and farming random mobs for drops and gold anymore when gold is so easily obtainable?
I don't know about anybody else but I used to love grinding mobs in tyr's hand for gold and item drops, as well as potions for pvp
All it is used for now is for game time tokens, a random mount or some other vanity item, it no longer has meaning to have gold in the game anymore.