Yeah, that's an interesting one, too, but it is definitely not as massive a change as Bitcoin.

It went from 85oz/yr to 201oz/year, before falling and eventually putting in lows of 27os/yr, and up slightly to 35oz/yr as of November of 2023.

This means cost of living in Gold has only decreased by 58% since 2010, while cost of living in Bitcoin has decreased by 99.999%, and cost of living in USD terms has increased by 59%.

Reply to this note

Please Login to reply.

Discussion

Bottom line is, the denominator matters when you are looking at a ratio, not just the numerator.

And having a solid monetary foundation is critical. Bitcoin provides that. Nothing else does.