GOLD GOES TO ZERO AGAINST BITCOIN: Gold to Bitcoin ratio sees major decline since 2011

GOLD GOES TO ZERO AGAINST BITCOIN: Gold to Bitcoin ratio sees major decline since 2011
Gold drops 99.99 percent against Bitcoin

GOLD GOES TO ZERO AGAINST BITCOIN, industry influencer, claims that gold has dramatically lost value against Bitcoin, highlighting a steep drop in their ratio since 2011.

The author points out that in 2011, one Bitcoin was worth 0.0002 ounces of gold, while today it is valued at over 16 ounces. The tweet emphasizes the repeated claims by gold proponents each cycle that Bitcoin will falter, yet asserts that the ratio continues to favor Bitcoin. The statement also contends that gold cannot be programmed, further distinguishing it from Bitcoin.

Adam Livingston recently highlighted the launch of the Morgan Stanley spot bitcoin ETF MSBT, noting its lower fee compared to competitors. In a separate analysis, he reported that Gen Z is questioning traditional financial strategies, citing ongoing challenges with U.S. housing and savings. These past observations provide added context to Livingston's ongoing focus on shifts between conventional and digital assets.

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