About This Project

Understanding the "Digital Gold vs Golden Digital" comparison

The Concept

Bitcoin is often called "digital gold" - a store of value in the digital realm. But what if we flipped the concept? What if instead of digital gold, we had golden digital?

This project explores a fascinating thought experiment: imagine a physical bitcoin made of pure gold, similar in size to a silver dollar or Casascius coin. Such a coin would weigh approximately 71 grams.

The Comparison

This tool answers a simple question: Which investment would have performed better?

  • Golden Digital: Holding 71 grams of physical gold over time (in the shape of a coin)
  • Digital Gold: Converting that gold's value into Bitcoin at the start date and holding it as BTC

By selecting a start date, you can see how both investments would have performed. The comparison shows the USD value of your 71g gold coin versus the USD value of the Bitcoin you could have purchased with that same amount of money.

How It Works
  1. Current Snapshot: Shows today's value of 71g of gold in USD and how much Bitcoin that amount could buy right now
  2. Historical Analysis: Select a start date (default is one year ago) to see how both investments would have performed over time
  3. Visual Comparison: An interactive chart displays both investment values over time, making it easy to see which strategy would have been more profitable
  4. Detailed Statistics: View percent changes, USD value changes, and see clearly which investment came out ahead
Data Sources

This project uses real-time and historical price data from CryptoCompare API for both Bitcoin and gold (via PAX Gold, a tokenized gold where 1 PAXG = 1 troy ounce of physical gold). All prices are in USD.

Note: This tool is for educational and entertainment purposes only. Past performance does not guarantee future results. This is not financial advice.