ChainCatcher news, analyst PlanB posted on the X platform stating, "The market capitalization of gold is approximately $20 trillion and the market capitalization of Bitcoin is about $2 trillion. Therefore, the value of gold is 10 times that of Bitcoin."
The scarcity of gold (stock-to-flow ratio) is about 60, while the scarcity of Bitcoin is about 120. Therefore, the scarcity of Bitcoin is twice that of gold. I believe Bitcoin is at least underestimated by 10 times.
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planB: Bitcoin is at least undervalued by 10 times.
ChainCatcher news, analyst PlanB posted on the X platform stating, "The market capitalization of gold is approximately $20 trillion and the market capitalization of Bitcoin is about $2 trillion. Therefore, the value of gold is 10 times that of Bitcoin." The scarcity of gold (stock-to-flow ratio) is about 60, while the scarcity of Bitcoin is about 120. Therefore, the scarcity of Bitcoin is twice that of gold. I believe Bitcoin is at least underestimated by 10 times.