PE42: How much GOLD can Bitcoin buy?

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the forty-second video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:56 Bitcoin on log scale, in terms of gold 02:27 Tops and bottoms in USD, what does it mean for BTC.AU? 18:15 Bitcoin priced in gold power trendline (95% R-squared) 18:57 1-sigma percentile moves 20:42 2-sigma percentile moves 24:47 Projecting out to 2030 Here we compare the price per bitcoin in terms of gold; that is, how many gold ounces can we exchange for 1 bitcoin at any point in time? We also layer in its best-fitting trendline, a power regression, as well as 1- and 2-sigma percentile bands to better understand where we are now versus historical levels. Coefficients: y = a * x ^ b y = y-intercept * x ^ slope y = 8.14E-21 * x ^ 582% https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.