Yes. That's right. Even though your original 75.187 is now only 26.216 Bitcoin, your $1000 has still gone up x436 fold.
But hang on, I hear you say. You're cherry picking a good start year.
I am, yes. So let's pick a bad one. 2014.
🧵3/6
Yes. That's right. Even though your original 75.187 is now only 26.216 Bitcoin, your $1000 has still gone up x436 fold.
But hang on, I hear you say. You're cherry picking a good start year.
I am, yes. So let's pick a bad one. 2014.
🧵3/6
If you'd bought $1000 of #Bitcoin on 1st Jan 2014, here's how much that would have been worth on each 1st Jan thereafter.
2015 $424
2016 $586
2017 $1,349
2018 $18,038
2019 $5,353
2020 $9,742
2021 $39,640
2022 $64,507
2023 $22,481
🧵4/6