Market Cap of #Gold vs. #Bitcoin
Currently, the market capitalization of gold is 17 times larger than that of Bitcoin.
If the price of one Bitcoin were to reach 1 million dollars, they would have equivalent market caps.
However, this comparison is based solely on the number of Bitcoins and the remaining unmined gold.
In the case of gold, the approximate amount left to be mined is relatively known, but thereâs always the possibility of new gold deposits being discovered, which could affect its price.
On the other hand, Bitcoin has a fixed supply, which directly influences its value.
As time passes, Bitcoinâs mining difficulty increases, and although its utility is growing, itâs also being increasingly recognized for its value as a store of wealth.
Bitcoin can be sent to anyone, anywhere in the world, instantly.
This simple functionality alone is enough to justify its value.
Bitcoin just needs to maintain its role as a store of value, while stablecoins like USDT or USDC can be used for payments.
Soon, Bitcoin will surpass silver's market cap.
When Bitcoin reaches around $90,000, every media outlet will report that Bitcoin has overtaken silverâs market cap.
All we need to do is hold Bitcoin.
I believe that by the end of this year or next year, we will see significant profits from a massive price surge.
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