Bitcoin has been the best performing economic asset in 8 out of the last 11 years...

in #bitcoin10 days ago

I just read at vaneck.com the following thing: "In fact, it has been the best-performing asset class for eight out of the past eleven years." So, what are we speaking about? Bitcoin has been the best performing asset class in the world in eight out of eleven years. That is quite awesome, isn't it?

One thing they do not say is that in the three years it wasn't at the top, it was at the bottom... but still, if you have kept your Bitcoin for a couple of years, you will guaranteed be in a plus and be better off than with any other asset in the world.

bitcoin last years.png
Source: https://www.vaneck.com/us/en/blogs/digital-assets/3-reasons-advisors-should-consider-bitcoin/

Will it remain that way? Nothing can be said for sure, but if Bitcoin keeps its status as digital gold, then things are looking promising, as more and more money will be put into it as a hedge against inflation.

One more thing, I listened to the Markets Daily podcast from Coindesk earlier, and one of the guys with whom they spoke said that printing of money is the biggest enemy of the Dollar, and a friend of Bitcoin. Now with the new support for foreign aid package which is worth $95 billions in total (whereof around $60 billion will head in the direction of Ukraine), more money must be printed, and this will cause inflation in the end and more money to spend on Bitcoin.

What do you think?

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