Damus
Niko 📚 Konsensus Network · 74w
You can get 28.6 ounces of $gold with a bitcoin right now ($btc price 76189$). The #bitcoin #ATH was in November 2021, when you could get a whopping 37 ounces of gold with a single bitcoin. So today's...
SimOne profile picture
Yes, but the Bitcoin supply is fixed and more people are aware of Gold’s historical value than Bitcoin’s potential value. Bitcoin is still ridiculously cheap. Plus I don’t know many who would trade BTC for XAU! Glass half full! 🤓
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Niko 📚 Konsensus Network · 74w
Totally agree! I am just pointing out that if you are going to measure the purchasing power of absolutely scarce money, you better do it in hard money with 5000 years of Lindy effect at least 😄