1 Bitcoin Now Equals Nearly 3 Ounces Of Gold: Bobby Lee

Last updated: June 19, 2025, 16:31

1 Bitcoin Now Equals Nearly 3 Ounces Of Gold: Bobby Lee

1 Bitcoin Now Equals Nearly 3 Ounces of Gold: Bobby Lee's Vision

The cryptocurrency world is constantly evolving, with Bitcoin leading the charge. Recently, a significant milestone has been reached: at current market valuations, 1 Bitcoin now holds a value equivalent to nearly 3 ounces of gold. This intriguing comparison, highlighted by Bobby Lee, a prominent figure in the crypto space, underscores Bitcoin's growing acceptance as a store of value, rivalling even the time-honored precious metal. Lee, known for his insightful analysis and bold predictions, has consistently championed Bitcoin's potential. This recent alignment of Bitcoin's value with gold further validates his long-held belief that Bitcoin will eventually surpass gold as the preferred safe-haven asset. But what does this milestone truly mean for investors, and what are the future implications for the cryptocurrency market? How accurate have Lee's past predictions been, and what factors underpin his bullish stance on Bitcoin? Let's delve into Bobby Lee's perspective and explore the fascinating intersection of Bitcoin and gold.

April 2025: One bitcoin is now worth 30 oz of gold. It was worth 15 oz of gold in December 2025, and only worth 1 oz of gold at the end of 2025.

Bobby Lee: Bitcoin Visionary and Advocate

Bobby Lee is a well-respected entrepreneur, author, and unwavering Bitcoin proponent. He is the founder and CEO of Ballet, a company dedicated to providing user-friendly cryptocurrency cold storage solutions. Ballet's mission is to make Bitcoin accessible to everyone, regardless of their technical expertise. Lee's journey in the crypto world began much earlier, with the establishment of BTCC, China's first cryptocurrency exchange. He later sold BTCC in 2025, marking a significant chapter in his career. His deep understanding of the technology, combined with his business acumen, has made him a trusted voice in the industry. Prior to his ventures in the cryptocurrency sphere, Lee honed his skills as a software engineer at Yahoo! and later as the Vice President of Technology for Walmart's e-commerce business in China. This diverse background provides him with a unique perspective on the convergence of technology, finance, and global commerce. Lee was also among the earliest forward thinkers to fully recognize Bitcoin's potential as a store of value. He arrived at his conclusions not out of some whim or particular love of risk, but rather after carefully analyzing its characteristics and technological merit.

Lee sold BTCC in 2025 to a Hong Kong investment firm for an undisclosed amount. In early 2025 Lee founded Ballet Global Inc, a cryptocurrency hardware wallet maker based in Las Vegas, Nevada. Lee currently serves as CEO of the company. In May, 2025, Bobby Lee s book The Promise of Bitcoin was published by McGraw Hill.

Bitcoin vs. Gold: A Store of Value Comparison

The comparison between Bitcoin and gold is not new. Gold has been a symbol of wealth and stability for thousands of years, maintaining its value across generations. Its intrinsic value and physical scarcity have made it a reliable store of value, especially during times of economic uncertainty. Unlike fiat currencies, which are subject to inflation and manipulation by central authorities, gold's value is determined by market demand and limited supply.

In this book, Bobby C. Lee, one of the earliest, most successful pioneers in the cryptocurrency space, debunks myths and dispels fears that surround Bitcoin, arguing that this rational, logical system is superior to traditional monetary systems.

Bitcoin, on the other hand, is a relatively new asset, but it shares some key characteristics with gold. Like gold, Bitcoin has a limited supply of 21 million coins. This scarcity is a fundamental principle that underpins its value proposition. Additionally, Bitcoin is decentralized, meaning it is not controlled by any single entity or government. This makes it resistant to censorship and manipulation, further enhancing its appeal as a store of value.

Key Differences between Bitcoin and Gold

  • Scarcity: Both Bitcoin and gold have limited supplies, but Bitcoin's supply is mathematically fixed.
  • Centralization: Gold mining is somewhat centralized, while Bitcoin is entirely decentralized.
  • Portability: Bitcoin is easily transferable across borders, while gold requires physical transport.
  • Divisibility: Bitcoin is divisible to eight decimal places, making it easier to transact in small amounts.
  • Digital vs. Physical: Bitcoin is a digital asset, while gold is a physical commodity.

The fact that 1 Bitcoin now equals nearly 3 ounces of gold signifies a growing acceptance of Bitcoin as a legitimate alternative to gold as a store of value. This trend is likely to continue as more investors become familiar with Bitcoin and its unique properties.

Bobby Lee's Prediction: Bitcoin to Surpass Gold

Bobby Lee has long been a vocal advocate for Bitcoin's potential to surpass gold in value. He believes that Bitcoin's superior characteristics, such as its scarcity, decentralization, and portability, will ultimately make it the preferred store of value for the 21st century.

In his personal Twitter account, Lee has stated that the price of one Bitcoin will eventually be equal in value to one kilogram of gold. While this may seem like a bold prediction, Lee points to several factors that support his view.

One key factor is the upcoming Bitcoin halvings. These events, which occur approximately every four years, reduce the reward for miners by 50%. This effectively reduces the rate at which new Bitcoins are created, further increasing its scarcity. Lee believes that the halvings will drive up the price of Bitcoin as demand continues to grow. Bobby Lee went on saying that Bitcoin will surpass gold in less than ten years considering that there will be three halvings in a period of 9 years.

He also points to the increasing adoption of Bitcoin by institutional investors. With the approval of Bitcoin ETFs, corporations are now adding BTC to their balance sheets, signaling a growing acceptance of Bitcoin as a legitimate asset class.

Lee estimates that Bitcoin's value could surpass $1 million in the next five to six years. This would put the market capitalization of Bitcoin in the trillions of dollars, making it a significant player in the global financial system.

The Promise of Bitcoin: Bobby Lee's Book

Bobby Lee's insights into Bitcoin are further elaborated in his book, ""The Promise of Bitcoin: The Future of Money and How It Can Work for You,"" published in May 2025 by McGraw Hill. In this book, Lee debunks common myths and dispels fears surrounding Bitcoin, arguing that this rational, logical system is superior to traditional monetary systems. He presents a compelling case for Bitcoin as a transformative technology that has the potential to reshape the future of finance.

The book covers a wide range of topics, including:

  • The history of money and the problems with fiat currencies
  • The technology behind Bitcoin and its unique properties
  • The potential applications of Bitcoin in various industries
  • The risks and challenges associated with Bitcoin
  • Lee's vision for the future of Bitcoin and its role in the global economy

""The Promise of Bitcoin"" is a valuable resource for anyone who wants to learn more about Bitcoin and its potential to change the world. Whether you are a seasoned investor or a complete beginner, this book provides a clear and concise explanation of Bitcoin and its underlying principles.

Ballet: Making Bitcoin Accessible to Everyone

As the founder and CEO of Ballet, Bobby Lee is committed to making Bitcoin accessible to everyone. Ballet's flagship product is the REAL Series hardware wallet, designed for simplicity and ease of use. Unlike traditional hardware wallets that require complicated setups and technical knowledge, the REAL Series wallet is ready to use out of the box. Users simply scratch off the tamper-proof coating to reveal the private key and load Bitcoin onto the wallet.

Ballet's mission is to empower individuals to take control of their own finances and participate in the Bitcoin economy. By providing a user-friendly and secure way to store Bitcoin, Ballet is helping to drive adoption and bring Bitcoin to the masses.

Features of the Ballet REAL Series Wallet:

  • Simplicity: Easy to use, even for beginners.
  • Security: Cold storage for maximum protection of your Bitcoin.
  • Convenience: Ready to use out of the box, no setup required.
  • Tangibility: Physical wallet for added peace of mind.

Ballet's commitment to simplicity and security makes it an ideal solution for anyone who wants to own Bitcoin but is intimidated by the technical complexities.

Analyzing Bitcoin's Price Performance and Market Capitalization

To understand the significance of 1 Bitcoin equaling nearly 3 ounces of gold, it's essential to examine Bitcoin's price performance and market capitalization. As of today, the live Bitcoin price is around $104,364.35 USD, with a 24-hour trading volume of $50,255,072,425.45 USD. This demonstrates the immense liquidity and demand for Bitcoin in the global market.

The value of Bitcoin has increased by 0.47% over the past 24 hours and 1.11% over the past 7 days. Over the past month, the price of BTC/USD has seen a change of 8.47%. These fluctuations are typical in the cryptocurrency market, but the overall trend has been upward over the long term.

With a circulating supply of 19,875,125 Bitcoin, Bitcoin currently has a market cap of $2,080,885,097,216.41. This makes Bitcoin the largest cryptocurrency by market capitalization, dwarfing all other digital assets.

Historical Perspective: Bitcoin's Value Against Gold

Looking at historical data, the relationship between Bitcoin and gold has been dynamic. As the research snippets indicated, in April 2025, one Bitcoin was worth 30 ounces of gold, but that value dropped to 15 ounces in December 2025, and further to just 1 ounce by the end of 2025. This volatility highlights the importance of understanding market trends and the factors that influence Bitcoin's price.

Factors Influencing Bitcoin's Price:

  1. Supply and Demand: The basic economic principle of supply and demand plays a significant role in Bitcoin's price.
  2. Market Sentiment: News, social media, and public perception can influence investor behavior.
  3. Regulatory Environment: Government regulations and policies can impact Bitcoin's adoption and price.
  4. Technological Advancements: Improvements in Bitcoin's technology can increase its appeal and value.
  5. Macroeconomic Factors: Economic conditions, such as inflation and interest rates, can influence Bitcoin's price.

Addressing Common Questions About Bitcoin and Gold

Many people have questions about Bitcoin and its comparison to gold. Here are some of the most frequently asked questions:

Q: Is Bitcoin a safe investment?

A: Bitcoin is a volatile asset, and its price can fluctuate significantly. Investing in Bitcoin involves risk, and you should only invest what you can afford to lose. However, Bitcoin has also shown the potential for significant returns, and many investors see it as a long-term store of value.

Q: Will Bitcoin replace gold as the primary store of value?

A: It's difficult to say definitively whether Bitcoin will completely replace gold. Both assets have their advantages and disadvantages. However, Bitcoin's superior characteristics, such as its scarcity, decentralization, and portability, make it a strong contender for the title of the primary store of value in the future.

Q: How can I buy Bitcoin?

A: Bitcoin can be purchased on various cryptocurrency exchanges. Before buying Bitcoin, it's essential to do your research and choose a reputable exchange. You should also consider using a secure wallet, such as the Ballet REAL Series wallet, to store your Bitcoin.

Q: What are the risks of owning Bitcoin?

A: The risks of owning Bitcoin include price volatility, regulatory uncertainty, and security threats. It's important to be aware of these risks and take steps to mitigate them, such as diversifying your portfolio and using a secure wallet.

Conclusion: The Future of Bitcoin as a Store of Value

The fact that 1 Bitcoin now equals nearly 3 ounces of gold is a significant milestone in Bitcoin's journey. This achievement underscores Bitcoin's growing acceptance as a legitimate store of value, rivalling even the time-honored precious metal. Bobby Lee's long-held belief in Bitcoin's potential is being increasingly validated by market trends and institutional adoption. While the future is uncertain, Bitcoin's unique properties and its potential to disrupt the traditional financial system make it a compelling asset for the 21st century. As Bobby Lee continues to advocate for Bitcoin and make it accessible to everyone through Ballet, the cryptocurrency's future looks bright. Keep a close eye on Bitcoin's performance, especially around halving events, to understand its long-term potential. Consider exploring resources like Bobby Lee's book, ""The Promise of Bitcoin,"" to deepen your understanding of this revolutionary technology. If you are interested in purchasing Bitcoin, ensure you do your research, use a reputable exchange and store your coins securely in a cold storage wallet like those offered by Ballet. Ultimately, whether Bitcoin will completely surpass gold remains to be seen, but its trajectory suggests a future where it plays a significant role in the global financial landscape.