That’s a much more confusing answer.
Discussion
Let me break it down .. what is the value of a bitcoin in your wallet if the network somehow got compromised ? Or stopped functioning .. assume .. not argue that it won't stop ..we know that ..
I get it. It’s just a long winded way of defining “asset”.
So now you know .. money is not what you spend ..
What you spend is fiat .. and that is what you use to compute return .. which is quite meaningless ..cuz fiat itself is depriciating at 20 , 30 and in many cases over 100 percent ..
Hope now you understand why ami asked your age when you aked me about my return since 2008 ..
So tell me your definition of return and what is it.
A bitcoin is a bitcoin .. an Oz of gold is an Oz of gold .. Satoshi ( whose name you are so proudly using ) never sold his bitcoin .. for him the return is zero ..
how do you measure your reit returns?
I don't .. you acquire asset tokens ( or join a network ) if you are interested in it .. 😉 ..
So you don’t measure performance.
No .. I am interested in REITS cuz it is exciting to see how politics is shaping up the asset class .. I am interested in bitcoin cuz it is mathematical genius .. and gold cuz it is the biggest network of all ..
Fiat made is a byproduct .. that you quickly want to dispose off into another asset class .. it is NOT performance
So you have no idea what’s going on in your portfolio. Got it.
Are you a portfolio manager 😜