We all know that inflation is here. So let's take that out of the equation.
Here is a comparison of Gold to Bitcoin based on the Bull and Bear runs on BTC.
Back in 2018 Bull Market you could buy ~8oz of Gold for 1 Bitcoin
In 2019 Bear Market you could only buy ~3oz of Gold for 1 Bitcoin
In 2021 Bull Market you could buy ~32oz of Gold for 1 Bitcoin
Today Bear Market you can only buy ~16oz of Gold for 1 Bitcoin
@PeterSchiff what do you think?
@APompliano what do you think?
Here is a comparison of Gold to Bitcoin based on the Bull and Bear runs on BTC.
Back in 2018 Bull Market you could buy ~8oz of Gold for 1 Bitcoin
In 2019 Bear Market you could only buy ~3oz of Gold for 1 Bitcoin
In 2021 Bull Market you could buy ~32oz of Gold for 1 Bitcoin
Today Bear Market you can only buy ~16oz of Gold for 1 Bitcoin
@PeterSchiff what do you think?
@APompliano what do you think?