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SovereignOne
npub12c8…f0yv
2024-10-01 14:26:27

SovereignOne on Nostr: Given the average national home price in the U.S., and calculated at its yearly ATH, ...

Given the average national home price in the U.S., and calculated at its yearly ATH, below is how many Bitcoin required to purchase a home:

2009: 208,222,222 BTC
2010: 443,600 BTC
2011: 7,100 BTC
2012: 18,104 BTC
2013: 241 BTC
2014: 251 BTC
2015: 632 BTC
2016: 315 BTC
2017: 16 BTC
2018: 18 BTC
2019: 23 BTC
2020: 12 BTC
2021: 5 BTC
2022: 9 BTC
2023: 6 BTC

Now via the same methodology, purchased through ounces of gold:

2009: 193 ounces
2010: 181 ounces
2011: 145 ounces
2012: 146 ounces
2013: 196 ounces
2014: 228 ounces
2015: 254 ounces
2016: 246 ounces
2017: 257 ounces
2018: 257 ounces
2019: 231 ounces
2020: 190 ounces
2021: 208 ounces
2022: 238 ounces
2023: 241 ounces

I’d venture to say, momentum is on the side of Bitcoin here. Store of Value 2.0.

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