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Zimbabwe launches gold coins to tackle soaring inflation

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planned long time ago.
all gold miners in zimbabwe are already forced for years to‌ sell their gold directly to their central bank and best of all they dictate the‍ price they get

to reply on that once this happen people will realise how gold outperformed bitcoin⁤ in this decade
 
i said this decade........which means starting from 2020
also how many bitcoin did you had from $8.8 or even $100 ?
 
Ah ok,‌ you derive data from 2 years thu&¤#
Zero. Even though I mined it when it was worth⁠ nothing, but that computer is gone.
I won’t tell you 😉

26 July 2020
Gold price: $1901.85
Bitcoin: $9714.90

26 July 2022:⁣
Gold price: $1,718
Bitcoin price: $20,871

2 years performance:
Gold: -9.67%
Bitcoin: +114.83%

What a⁢ bad ”decade” for bitcoin!

Ps. If you want to take the 1 january prices the︀ story doesn’t change.
 
If it helps Zimbabwe reduce inflation its a win. It will be interesting to see‌ how effective the implementation is and how it fairs over next few years.
 
So why are you putting price to bitcoin or even calculating performance if⁤ you just post everywhere that 1 btc is 1 btc, you don’t care about the⁣ price and bla bla bla ca#"! rof/%
 
Because I am comparing btc with gold⁠ using a common parameter. I could do the same using the usual Lamborghini: how many⁤ btc and how many kilos of gold did you need to buy one 10 years⁣ ago and how many do you need today? That’s assuming someone is willing to sell⁢ a Lambo for some gold bars.
 
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