So, diworsify?
Discussion
Savings give you liquidity.
Stocks give you income, and yield from value produced.
Bonds give you stable, safe, reliable, & guaranteed returns.
Metals are a hedge against inflation.
Bitcoin is difficult to liquidate, it doesn't add new economic value, It is not backed by The Full Faith, and Trust of The United States Government, and its not a tangible assets.
These are simply facts, Bitcoin is a great tool for digital payments as Peer 2 Peer Digital Cash, and I have used it as such but I think its price is currently driven by Speculation, and Greater Fool theory.
Bitcoin's price, and utility should be as cash, if it fails its role as digital cash then it has no value, Bitcoin is not Digital Gold.
I have spending, saving, and retirement Bitcoin, and other cryptos as well alongside fiat assets so I have proper exposure, and I am protected against volatility, corrections, and asset failure.
As a minimum, I think you should consider reading: The Bullish Case for Bitcoin by Vijay Boyapati, The Bitcoin Standard by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak , Broken Money by nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a, The Big Print by nostr:npub1d3f4m9dgvkdjxn26pqzsxn6lpfn78sxwllxyt8mp76q0a9zyyjlswhr4xv and then go down the rabbithole of nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc at Dergi.com & Inventing Bitcoin by nostr:npub1fqn4fgzkk8nm2x3wd600n935c9tc7xgg9jhk5dfa0kuvrgvsyv7sgu536l
Bonds are underwater or about to go underwater - check out events of the last week for a sign of things to come, S&P500 tracks M2 money supply, and bitcoin is the most liquid asset you’ll find as it trades 24/7, and the best performing asset for at least 11 of the last 16 years.
Perfect money is where it’s at…
Bitcoin is difficult to liquidate, it doesn't add new economic value, It is not backed by The Full Faith, and Trust of The United States Government, and its not a tangible assets. 😬
These are simply facts, Bitcoin is a great tool for digital payments as Peer 2 Peer Digital Cash, and I have used it as such but I think its price is currently driven by Speculation, and Greater Fool theory. 😬
Response: The Bitcoin protocol is set to be the global settlement layer, not US Treasuries.
It could be but we're years away from that.
So, then it’s way more valuable than anything else…
Not necessarily.
"For what is a man profited, if he shall gain the whole world, and lose his own soul? or what shall a man give in exchange for his soul?" - Matthew 16:26
Food for the hungry man, a home for the homeless man, a car for the man who walks, value comes in many shapes.
That being said I think Bitcoin might appreciate more in its value but it being the most valuable thing, I'm not sure.
Market Cap, or per coin?
LOL I like that term, I will be stealing it and not sending you any royalties, just thought I'd let you know as a common courtesy