Thread: Let's talk about Cryptocurrencies
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Old 02-27-2021, 07:49 PM   #977
GGG
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Quote:
Originally Posted by DownhillGoat View Post
It was 20.67 in 1900. By today's standards that's ~$641.

It currently sits at ~$1735 (all in USD).

So with inflation it's roughly tripled since 1900.

Why?
Demand for gold is driven by fear of inflation.
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