Nassim dismisses #Bitcoin as a cult, but investing in assets that have a cult-like following is the smart thing to do.

Below are the 10 year returns of assets which have a cult-like following compared to the NASDAQ:

Bitcoin $BTC: +30,604%

Tesla $TSLA: +3,463%

Apple $AAPL: +1,401%

NASDAQ: +295%

In this context, a “cult” is really just a loyal base of fans that are willing to defend and promote the asset, for free.

https://nostr.build/av/f1e04a5882d7cae98984403d4c6ed71aab8d9e44857a5c627a04a14ce33156e6.mp4