Next time you hear someone state that #Bitcoin has a Compound Annual Growth Rate (CAGR) of X%, gently ask them to show you the math behind the claim. Ask them to show you how the rate of Bitcoin’s price growth is influenced by an annual compounding mechanism. If they can make a percentage claim for a given time period, they should also be able to show you how an annual compounding mechanism influences bitcoin’s price with an equation that explains it.

#bitcoinmyth