What I'm watching... 👀

Mainstream financial media is cheering the strong performance of the S&P 500 over the past year, which has been approximately 26% in US dollar terms.

Unfortunately (for fiat brains), in real (#bitcoin) terms, the S&P 500 index actually has had a rough trailing 12 months, and is down approximately -45%.

Lesson:

Choose your denominator--your measuring stick--carefully. Or you will lead a frustrating and stressful life.