| ▲ | glimshe 3 hours ago |
| Sure, but you could also have used this dollar to buy oil, gold, stocks, bonds etc |
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| ▲ | method_capital 3 hours ago | parent | next [-] |
| Sure. Since the invention of say Bitcoin, which of those assets would you have preferred to own and why? |
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| ▲ | nl 3 hours ago | parent | next [-] | | > Since the invention of say Bitcoin Convenient date to pick there. > which of those assets would you have preferred to own and why? NVDA. It's a productive use of resources, not a last-fool-standing pyramid scheme. | |
| ▲ | rozap 3 hours ago | parent | prev | next [-] | | hindsight is the best hedge fund | |
| ▲ | echoangle 3 hours ago | parent | prev [-] | | You know that you can’t just judge an investment by past return, right? Would it be rational for a lotto player to tell you how great lotto is as an investment? Or people winning at the casino? Success doesn’t mean it was the rationally optimal decision. |
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| ▲ | anonym29 3 hours ago | parent | prev [-] |
| Compare a purchase of any commodity, bond, precious metal, or ETF/mutual fund in 2008 to BTC's performance since 2008. Or 2009, or 2010, or 2011, or 2012, or 2013, or 2014, or 2015, or 2016, or 2017, or 2018... |
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| ▲ | joshuahedlund 2 hours ago | parent [-] | | It’s a bit cherry-picking, but right now BTC’s 5-year growth is 28% while the S&P is 67%. To be fair bitcoin’s initial years were extraordinary. By any metric you use though the rate of increase has clearly slowed. |
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