Can anyone say Death Spiral?
Use the charts below to witness the destruction of the dollar.
1 Bit is 1/1000 of a BZ Eagle, a sound money currency I made up.
A BZ Eagle is a basket of 4 precious metals and has value equal to 1 ounce of gold.
The weight of each metal is calculated from current exchange rates…
…so as to make the Eagle's current value...| Gold | 50% |
| Silver | 20% |
| Platinum | 20% |
| Palladium | 10% |
| Gold | $930 per oz. |
| Silver | $14.10 per oz. |
| Platinum | $1210 per oz. |
| Palladium | $245 per oz. |
| Gold | 0.5 oz. | $465 | 50% |
| Silver | 13.19 oz. | $186 | 20% |
| Platinum | 0.15 oz. | $186 | 20% |
| Palladium | 0.38 oz. | $93 | 10% |
| $930 |
1 Bit = 1/1000 BZ Eagle and currently costs $ 0.93
Save your bits, and sell your dollars to foreigners.