Post by
MaterialsMan on Oct 30, 2024 7:33am
Gold vs bitcoin
Interesting debate.
Bitcoin advocates will probably say that bitcoin is far more valuable than gold.
But, I don't believe that the value of one bitcoin has ever exceeded the value of one kilo of gold.
Furthermore, the MC of gold is about 15 trillion while that of bitcoin is about 2 trillion.
Listening to the bitcoin pundits, you'd never think that this was the case. I look forward to seeing how this all works out.
My money's on gold.