gold
Bitcoin Priced in Gold
One bitcoin bought five hundred-thousandths of an ounce of gold in 2010. It bought 15.64 ounces in August 2026. The whole history fits on a log scale and nowhere else.
The S&P 500 Priced in Gold
Dividing one price by another removes the currency both are quoted in. What is left is 155 years of American equities measured against an ounce of gold.