The Bitcoin-Gold Flippening
flip.gold tracks several metrics to compare Gold to Bitcoin (sometimes called "digital gold".) Some of these metrics might put bitcoin on top (in the future); this is the Bitcoin-Gold flippening.
Market Cap
Flip point: $759,262 per bitcoin
Bitcoin: $1,378,185,493,300
Gold: $14,885,889,713,917
Bitcoin's market cap is transparent and can be validated by anyone. For gold, supply estimates vary.
Sources: CoinGecko and World Gold Council reports.
Price Performance
| Period | Bitcoin | Gold |
|---|---|---|
| 5 year | +1189.34% | +70.56% |
| 3 year | +40.22% | +23.05% |
| 2 year | +78.1% | +10.5% |
| 1 year | +155.52% | +9.06% |
| YTD | +66.54% | +5.88% |
| 3 months | +75.2% | +8.04% |
| 1 month | +4.43% | +0.46% |
Annual Supply Growth / Inflation
Bitcoin: 1.70%
Gold: 1.72%
Bitcoin is disinflationary and halves the mining reward every ~4 years. For gold, it depends on how much has been mined and recycled. Theoretically, more new supply means more new demand (buy pressure) is needed to maintain the price.
Sources: Bitcoin code and World Gold Council quarterly reports.