if you bought $10k worth of gold in 2011 it would only be worth $17k today lmfao
Discussion
silver too 😭
Just think if they couldn’t produce any more of it
now do bitcoin.
BETTER TO BUY AND HODL STEAKS 🥩
but your bags would be heavy
If you bought $10k worth of bitcoin in 2011 it would be worth over $50 million
Now do the equivalent for Bitcoin.
people choosing to be poor
Silver even worse
If you bought bitcoin in 2011 👇
$10k at the 2011 low(ish) $.41
$336,200,000 @ today's $82k
$10k at the 2011 high(ish) $28.92
28,354,080 @ today's $82k.
Either way much better than gold. Now, buy today and extrapolate out 15 years.
I did that. What a dumbass.
I ain’t selling.
Is #bitcoin digital #gold or not ???
Is it eCash ?
I mean it is fine to shit on #gold ..but that is exactly what #bitcoin is trying to emulate . ..lol 😂
Bitcoin is not trying to emulate anything, it's the people that assigning labels as to what it could be...
That is a great point .. wish the bitcoin community just stick to the truth .. it is simply an open public ledger .. technology ( and math) ensures it is immutable and unhackable ..
But then the marketers can't make the elevator pitch 😂 .. digital #gold is lot easier to sell ( and communicate) ..
The downside however is - you can't shit on yellow rock if you claim to be a #digital orange rock 😠
To be fair, at least it didn’t depreciate.
Gold caught up with inflation I guess 😂😂😂
Good night
gold is like a stock. bitcoin is so much more.
Gold is literally crashing like a shit coin when measured in BTC 🧡
Gold is now a coping mechanism for modern day slavery and government abuse. You’re still a victim, but you feel slightly better about yourself by holding on to your gold.
Gold is now a coping mechanism for modern day slavery and government abuse. You’re still a victim, but you feel slightly better about yourself by holding on to your it.
2011 Gold Maxis: “Gold is the ultimate store of value!”
2024 Reality: A 13-year wait for a 70% gain—aka one good Bitcoin week.
Meanwhile, if you had stacked $10K in Bitcoin back then, you’d be too busy planning which citadel to build first. But hey, at least that gold is shiny.
#FortNakamoto #HardMoneyHardTruths #StoreOfValueOrStoreOfSadness #GoldCantZap #BitcoinDidntWait
Gold is a tool for a purpose. Not everything is about the returns. I am far from a Bitcoin only maxi, but it is a significant portion of my wealth.
It is not so much 🤔😊👍
why would you have bought gold in 2011
if you had bought gold this year or last year you would have been much better off