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2025-05-12 17:42:09 UTC

BitPLATES - Bitcoin Backup on Nostr: How much #gold would you need to buy to have the equivalent % of total world supply ...

How much #gold would you need to buy to have the equivalent % of total world supply of owning one #bitcoin (ie. 1 out of 21,000,000 bitcoins)?

Answer: 1/21,000,000th of 210,000 tonnes (or 6,750,000,000 troy oz)

= 306 troy oz

= $979,200 worth of gold
(at $3,200 per troy oz)