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RE: One Year Ago Bitcoin Surpassed Gold In Value Per Unit... Look At How Things Have Changed!
So is Jeff suggesting gold has the ability to catch back up to Bitcoin and overtake it?
So is Jeff suggesting gold has the ability to catch back up to Bitcoin and overtake it?
Bitcoin hasn't yet overtaken gold, I will be writing a full post on this one. Bitcoins current market cap is $156 Billion, Golds market cap is $390 trillion. Bitcoin needs to get to $390,000 per coin to and beyond to over take gold in market cap. price per unit means next to nothing. Bitcoin needs to catch up to gold and over take it.