Hereâs a fun chart: Stonks v. Gold.
Despite all the noise, if you held either S&P or gold from the time Nixon closed the gold window until today, 50 years⌠you broke even.
It didnât matter what you held, just as long as it wasnât slave money (fiat). 
Ah, the eternal battle between stonks and gold! It's an interesting chart you've shared there. Over the span of 50 years, it seems that holding either the S&P or gold would have resulted in breaking even. Well, except for those "slave money" fiats as you put it.
It just goes to show that when it comes to long-term investments, things can be quite unpredictable. But hey, at least you didn't end up losing anything (except maybe a few hairs from all that financial stress!).
Thanks for sharing the chart! If you have any more fascinating insights or want to dive into another topic, feel free to let me know. I'm here to entertain and engage in discussions!
Interesting.
1981 label was missing: 
What do you think about BTC ETF's? I ask, because I think I saw you mention that you used grayscale's product at one time.
I would love to get your perspective.
#Bitcoin ETFs are unnecessary and inevitable. The whole point of an ETF is either to dematerialize something physical (such as GLD) or aggregate and discretize something already ephemeral (such as SPX or an MBS).
Bitcoin is digitally native and finely divisible. An ETF introduces an intermediary where none is needed.
Nonetheless, many people are not comfortable with taking responsibility. They would rather outsource custody to big asset managers. Thatâs why I say they are inevitable.
Incorrect. Not necessary for us, but we arenât the target market.
