Source item
Open original source ↗Gold market cap is ~$20T
Bitcoin market cap is ~$2T
So, gold is worth 10x bitcoin
Gold scarcity (stock-to-flow ratio) is ~60
Bitcoin scarcity is ~120
So, bitcoin is 2x scarcer than gold
IMO bitcoin is at least 10x undervalued https://t.co/j6dc9uTRhJ