The amount of physically available Gold weight on earth, as compared to the physically available weight Silver on earth, provides the traditional Gold to Silver Ratio, in which there is approximately 1 unit of Gold for every 10 units of Silver, which provides that Gold is worth about 10x the worth of Silver, (with Gold having an additional premium because of Gold's additional functionalities).
M2 US Dollar supply of $21 Trillion, compared to 21Million BTC, provides for a $1M per BTC price, according to physically available supplies of each.
Another perspective:
US Federal Deficit spending of $2Trillion usd/year, is equivalent to $5.4B usd/day, which is equivalent to +$260 usd/day/BTC.
"Dividend" of each BTC is therefore a minimum of $260 usd/day, or $95,000 usd/year per 1 BTC.
pull down to refresh
19 sats \ 0 replies \ @DarthCoin 19 Oct 2024
what is this crap?
reply