Wicked's avatar
Wicked wicked@primal.net 3 months ago
Saving in dollars vs gold vs bitcoin: After 400 weeks of $50 DCA, you’d have $20,000 had you saved in dollars, 11.322 ounces of gold (worth $38,864) had you saved in gold, or 1.3719 BTC (worth $148,707) had you saved in bitcoin.

Replies (20)

walker's avatar
walker walker@primal.net 3 months ago
The power of DCAing into Bitcoin cannot be overstated. Bitcoin enables you to simply **save money** You cannot save in fiat. You are forced to invest or gamble to maintain or grow your purchasing power. With Bitcoin, you simply save money, and your purchasing power grows over time. View quoted note →
4 replies ↓
HODL's avatar
HODL hodl@primal.net 3 months ago
The thing I always think about with these animations is not how much better bitcoin is than gold (which is obvious) but how little $50 a week truly is. 1. The average persons life would be greatly improved if they had an extra 150k. 2. The average person spends $50 a week on absolute bullshit that does not improve their life. It just seems like an absolute waste when you think about it. View quoted note →
9 replies ↓
gErAx's avatar
gErAx 3 months ago
I heard that you support Core and not Knots, thats crazy and disappointing.
1 replies ↓
mattaroo's avatar
mattaroo mattaroo@nostrplebs.com 3 months ago
That's complicated math. I wonder what it would look like next to the S&P 500 (SPX). That index has gone up 140% in the same time frame so I know its not going to be anywhere close the BTC. Can you run that or add that in as well. I'm not good enough at math to do that calculation with DCA'ing over 400 weeks. Most normies don't own gold but they do own S&P 500 companies or the index SPX.
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