Replying to Avatar Phil

I appreciate the explanation, and agree that looking at BTC return purely in USD is not a good exercise for actual return. USD isn’t a good denominator for anything. But the 145% return you gave for gold…was that not also measured in USD? Seems like you can’t use different denominators when assessing gold and bitcoin. I think the takeaway is that gold has roughly been on par with Bitcoin over the last 4 years, and has outperformed YTD. Impressive, given its much-larger market cap
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dr.fred 3mo ago

you are right, the three year performance of gold was also measured in fake ponzi usd. divide it by 0.8 and you made 116% in 3 years. still much better than the 45% (today) in 4 years with btc.

i did not find the 4 year chart for gold in chf, a half decent currency among all crap ponzi fraud central bank worthless papers worldwide..

how much purchasing power do you think the usd ponzi has lost in the last 4 years? how much did it lose for you?

it is the number you need to exceed with your investments in order to keep your purchasing power positive.

where i live the fake money has lost more than btc has gained in the last 4 years. holding btc made you poorer.

do not trust the fake accounting of statist saylor and co.

verify

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