Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is worth more use of gold?
by
Pursuer
on 22/08/2018, 07:30:07 UTC
Economist Paul Krugman says that the exploitation of Bitcoin uses a lot of electrical energy, but the largest codified currency is worth more than gold

Gold at $1200/ounce. That way Bitcoin $1500 is not bad and more than gold.

if you are using 1 whole bitcoin against only 1 ounce of gold instead of 1 Ton or 1 ingot of gold then why stop at 1 whole bitcoin?  report the price of 100BTC and say that is higher Cheesy

the reality is 1 ounce of gold (according to you) is worth $1200 and 1 satoshi of bitcoin is worth $0.00006
or better use 1 bit (100 satoshi) which is going to be $0.0066