Trying to evaluate the narrative of #BTG (BitGold) as 'digital gold' in relation to the existing physical gold in the world, here is a comparative analysis that can help you position the token strategically or narratively:
🪙 BTG vs Physical Gold: #Analysis #Quantitative
ParameterValueTotal offer BTG 20,000,000
BTGMarket capitalization BTG~$19.95 million
USDCurrent price for BTG~$10.5 USDExtracted gold
in history (estimate)~212,582 tonsTotal value
of world gold~$13.5 trillion USD (at
~$2,000/oz) Symbolic equivalence 1 BTG = X gold 1 BTG ≈
0.0000000157% of the world's gold
Let's compare the value and quantity of the BTG (Bitgold) token with the physical gold present on Earth. The result is quite interesting:
⚖️ Comparison between BTG and Physical Gold
Feature BTG (Bitgold) web3.binance.com
Physical Gold on Earth Everyeye Tech Invest in #Gold
Total supply 20 million BTG~213,000 tons mined in history Unit value $10.44 per BTG~$60,000 per kg (about $60 per gram)
Estimated total value~$208.8 million (20M × $10.44)~$12.8 trillion (213,000,000 kg × $60,000)
Digital Form, on Binance Smart Chain - Physical, in bars, jewelry, reserves Global Accessibility, through wallets and DEXLimited, concentrated in banks and mines
Digital gold narrative for decentralized finance
Safe haven, symbol of historical wealth
🧠 Strategic Considerations
Physical gold is almost 60,000 times more valuable in total value terms than the current supply of BTG.
#BTG aims to replicate the function of gold as a store of value, but in a digital, scalable context that can be integrated with #DeFi .
While gold is static and difficult to move, BTG can be programmed, traded, and used in real-time on the #blockchain. 💹✅🧐 $BTG
