I was looking at bitcoin vs gold and noticed that we havent even really come that close to a new ATH in gold terms... new ATH in gold terms should happen around 100k
Ratio is variant in this inflationary system, I think commodities help to understand real terms better.
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I'm not sure what that means 🤣
Gold is better money than fiat, so I find it useful to compare where Bitcoin is at compared to Gold. Thanks for the zap!
Crude oil, Bitcoin and gold are commodities. They relate better to eachother than an inflationary currency like the dollar.
