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PlanB: Bitcoin is at least 10 times undervalued

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2025-07-21 11:57:33
"Gold has a market cap of about $20 trillion and Bitcoin has a market cap of about $2 trillion," said analyst PlanB in a post on the X platform. "Therefore, gold is worth 10 times as much as Bitcoin.
Gold scarcity (inventory to flow ratio) is around 60 and Bitcoin scarcity is around 120. So Bitcoin is twice as scarce as gold. I think Bitcoin is at least 10 times undervalued. "
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