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LukeMikic21 / Luke Mikic
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2024-11-13 20:59:52

LukeMikic21 on Nostr: 🚨 BITCOIN VS GOLD: THE BATTLE FOR GLOBAL RESERVES HEATS UP 🚨 With Bitcoins ...

🚨 BITCOIN VS GOLD: THE BATTLE FOR GLOBAL RESERVES HEATS UP 🚨

With Bitcoins market cap now sitting at $1.7 TRILLION, still dwarfed by the $17.4 TRILLION value of all above-ground gold πŸ†

Here’s where things get interesting:

πŸ‡ΊπŸ‡Έ The USA leads in gold reserves with 8,133 tonnes, equating to 938,282 BTC – worth $82.6B if converted.

πŸ‡¨πŸ‡³ China holds 5,220 tonnes, equivalent to 602,180 BTC or $53B in Bitcoin.

Germany, IMF, and Italy follow closely, each holding over 200,000 BTC in gold equivalent πŸ’°

As Bitcoin’s capped 21M supply and its reputation as "digital gold" grow stronger, central banks may soon face a critical decision: keep piling into gold, or start stacking Bitcoin? πŸ“ˆπŸŒ
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