You can get 28.6 ounces of $gold with a bitcoin right now ($btc price 76189$). The #bitcoin #ATH was in November 2021, when you could get a whopping 37 ounces of gold with a single bitcoin. So today's price is about 77% off the ATH, meaning we need to see 98946$ to meaningfully speak of ATH.
Even gold has inflation
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Indeed it does! But it’s still the best measuring stick in bitcoin purchasing power.
Better than most other options, but there has consistently been a 2% increase in supply annually. We need to aim for even more ounces!
