So I figure that during a time of hyper inflationary currencies, it would be best to compare bitcoin to a basket of stocks. Asset vs Asset.
this is what we have as a chart when we do that. We can see it is down trending vs other assets.
Even though it is going up in USD terms, we could argue everything is, including my bag of potatoes.
I think bitcoin WAS the better investment in 2019-2020, but will not be for the medium term future.
Once again, this does not mean it will not go up in terms of USD, only that it will lag in comparison to other assets.
this is what we have as a chart when we do that. We can see it is down trending vs other assets.
Even though it is going up in USD terms, we could argue everything is, including my bag of potatoes.
I think bitcoin WAS the better investment in 2019-2020, but will not be for the medium term future.
Once again, this does not mean it will not go up in terms of USD, only that it will lag in comparison to other assets.