Can we all agree now that Bitcoin has clearly outperformed Gold?
Well, obviously bitcoin outperformed gold because of the huge price rise we've had while gold remained quite stagnant as per usual. We don't even need to agree nor disagree, as bitcoin outperforming gold isn't even an opinion, but a mere fact.
Yeah, I agree. It's enough to just look at the price charts to see the striking differences.
Over the last 12 years, gold went from $726 (per oz) to $1900 in 2011, and then down to around $1200 in 2014, and it stayed more or less at this level without major changes until 2019. Then it went to $1500 at the end of 2019 and hit the record price of $2070 per oz in August of 2020.
Bitcoin, meanwhile, went from less than a dollar (top price chart websites unfortunately don't have data prior to 2013, so it's a rough estimate) to around $1000 in 2013, and then was worth hundreds of dollars for a few years until 2017 when it not only surpassed the $1k price, but went all the way to $20k. Then the price went down and remained largely within $6k-$8k limits till 2020 when it rose to the previous ATH and the new one which is nearly 2x higher than the 2017 one was established in January of 2021.
There's just way more movement going on, and the changes are way more significant in percentage when it comes to Bitcoin.