LukeMikic21 on Nostr: ๐จ BITCOIN VS GOLD: THE BATTLE FOR GLOBAL RESERVES HEATS UP ๐จ With Bitcoins ...
๐จ BITCOIN VS GOLD: THE BATTLE FOR GLOBAL RESERVES HEATS UP ๐จ
With Bitcoins market cap now sitting at $1.7 TRILLION, still dwarfed by the $17.4 TRILLION value of all above-ground gold ๐
Hereโs where things get interesting:
๐บ๐ธ The USA leads in gold reserves with 8,133 tonnes, equating to 938,282 BTC โ worth $82.6B if converted.
๐จ๐ณ China holds 5,220 tonnes, equivalent to 602,180 BTC or $53B in Bitcoin.
Germany, IMF, and Italy follow closely, each holding over 200,000 BTC in gold equivalent ๐ฐ
As Bitcoinโs capped 21M supply and its reputation as "digital gold" grow stronger, central banks may soon face a critical decision: keep piling into gold, or start stacking Bitcoin? ๐๐
Published at
2024-11-13 20:59:52 UTCEvent JSON
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"content": "๐จ BITCOIN VS GOLD: THE BATTLE FOR GLOBAL RESERVES HEATS UP ๐จ\n\nWith Bitcoins market cap now sitting at $1.7 TRILLION, still dwarfed by the $17.4 TRILLION value of all above-ground gold ๐\n\nHereโs where things get interesting:\n\n๐บ๐ธ The USA leads in gold reserves with 8,133 tonnes, equating to 938,282 BTC โ worth $82.6B if converted.\n\n๐จ๐ณ China holds 5,220 tonnes, equivalent to 602,180 BTC or $53B in Bitcoin.\n\nGermany, IMF, and Italy follow closely, each holding over 200,000 BTC in gold equivalent ๐ฐ\n\nAs Bitcoinโs capped 21M supply and its reputation as \"digital gold\" grow stronger, central banks may soon face a critical decision: keep piling into gold, or start stacking Bitcoin? ๐๐ \nhttps://m.primal.net/MCQR.jpg",
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