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Analyst Demonstrates Exponential BTC Growth Over Past 10 Years, Inflaming Debate Over Gold Versus BTC
Summary: $1 of Bitcoin invested 10.7 years ago would be worth $12,788,100 today, while $1 in gold invested 10.7 years ago would be worth $1.66 today, one analyst demonstrated in a recent graph. While gold has been an asset for centuries, Bitcoin is only 11 years old and many commented that they predict exponential growth ahead. ...
$1 of Bitcoin invested 10.7 years ago would be worth $12,788,100 today, while $1 in gold invested 10.7 years ago would be worth $1.66 today, one analyst demonstrated in a recent graph.
While gold has been an asset for centuries, Bitcoin is only 11 years old and many commented that they predict exponential growth ahead. Other commenters argued that asset status means fewer gains, so comparing BTC with gold is unfair.
The discussion illustrated the debate over which asset is a better safe haven to protect against inflation.
By Emily Mason
Tags: Bitcoin,BTC,Gold,inflation
Link: Analyst Demonstrates Exponential BTC Growth Over Past 10 Years, Inflaming Debate Over Gold Versus BTC [Copy]
