Chatting with my bro-in-law today
He works as a finance director at a ASX listed company
His colleague reckons they're undervalued, and is going to load up on more of their equity, with the aim of a 50% return in 12 to 18 months
My bro-in-law: "I am not buying, I prefer Bitcoin"
Good lad
But also, let's not overlook the fact that 50% is a great return for a publicly traded equity
However when Bitcoin is your hurdle rate, it's not interesting at all
This is a mindset shift that is still uncommon
Imagine what happens when most public market investors upgrade their thinking to this..?