Gold getting cheaper when shopping with Bitcoin
(media.greatawakening.win)
Comments (10)
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I remember when it only cost me 20 million satoshi to buy an ounce of the yellow. Now we are back to only needing to spend 7 million. Good times folks.
Stack your gold as it gets cheaper.
Ya because bitcoin is superior. It will keep getting cheaper. That chart looks like death.. I wonder how bad it would look if you go back 10 years more
I did, but it flattens out the five years I posted into a flat line at the very bottom so extremely that I figured some people might not get it. Have a look:
https://www.xe.com/currencycharts/?from=XAU&to=BTC&view=10Y
Also easier to buy as much as you want, at any time, with privacy and without restrictions.
Very astute of you.
THIS is in fact the main point, but I have noticed that many pedes on GAW are still stuck in the media narrative that BTC is some sort of exotic INVEstMenT in a diGiTaL asSeT, so I am focusing on how cheap gold is becoming within THAT illusion.
Source ?
Sorry about the sauce, here goes:
https://www.xe.com/currencycharts/?from=XAU&to=BTC&view=5Y
I got the impression from the post that there is some market where you can buy gold with bitcoin directly. Thanks for clarifying.
Most gold suppliers accept bitcoin through their site
Not sure who these gold suppliers are, but no one I deal with out here do that.
The point is, this graph doesn't really show that Gold has become "cheap", just that btc and all cryptos had a run recently right after the banking crashes - and right after the 10 year yields came down crazily.
There is a heavy correlation between crypto movements (which almost always happens in sync with each other) and bankster shenanigans.
When people start using Bitcoin as real tender and denominate all their goods in fixed Bitcoin prices, regardless of its trading price on exchanges, thats when I will agree that bitcoin is showing the potential to do what most people dream it was meant to do.