Gold's performance over the past 25 years has been truly spectacular! Behind this trend is the surge in fiat currency issuance. Gold's value rose from approximately $2 trillion to $25 trillion in 20 years, a more than tenfold increase. Over the same period, wage increases likely weren't as dramatic—but prices skyrocketed. Today, Bitcoin's market capitalization is just over $2 trillion. Fiat currency issuance will continue at an even faster rate. Bitcoin still has a long way to go to catch up with gold.