#JohnBogle was right because most money managers can't consistently outperform the market due to high fees and frequent trading.
#Bitcoin, representing a pure market driven by supply and demand, lacks these management fees.
It's hard for money managers to beat Bitcoin since it operates 24/7 and isn't influenced by individual management decisions.
Over the long haul, passive investment in Bitcoin can often yield better results than active management due to its decentralized nature and market-driven dynamics.