Karora Resources Inc T.KRR

Sharing a thought

[MaterialsMan]

I get really irritated when I see the dollar value of a bitcoin, currently around 45k.
If they published the price of gold in kilos, the price woud come out to about 70k 
Since bitcoin is now being compared to gold as a store of value, then the playing field should be leveled..
When State Street came out with its gold ETF, it was and is now priced at 1/10th of an oz. That makes it more affortable for small investors.
If bitcoin ETF's are approved, will the priced be based on a fractional amount as with gold.
Buying one bitcoin would be like buying a share of Berkshire Hathaway.
Who could afford it except for major players.
The whole thing is insane IMO.

[MaterialsMan]

To add to the insanity; at current prices, 200 U.S. dollars can buy a share of the State St. gold ETF, which represents 1/10th oz. of gold. Two hundred bucks applied to a proposed bitcoin etf would really make you rich. You would own about a half a million satochis (SATS for short). Sounds like a lot. A satochi is is the term they came up with  for the smallest fractional share of a bitcoin