Bitcoin has a higher market cap than euro at ~300k usd/btc.
USD gets overtaken at ~350k.
Gold however we only overtake at ~650k usd/btc.
“We’re going to decapitate gold this cycle. We’re going to fucking cut the head off gold — CHUH CHAH! And be like who’s next? The Euro? YOU WANT SOME?” - nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs with nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u
Discussion
You are calculating the marketcap by looking at M0 ?
Yes, anything else is a wrong comparison, it's all about base money.
nostr:nprofile1qqsw4m6evhlz0qj02ekw86657dc5nm3gunvgk4ux0r4qyz6h2ywkk7gpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3samnwvaz7tmjv4kxz7fwwdhx7un59eek7cmfv9kqvrj95t I was trying to find your chart that shows the bitcoin price at the market cap valuation of each fiat, but I couldn't find it in the recent reports.
The website has a new graph, which doesn't show the price though.
https://www.porkopolis.io/topmoney/
Do you have an up to date version?