What I'm watching... đź‘€
Mainstream financial media is cheering the strong performance of the S&P 500 over the past year, which has been approximately 26% in US dollar terms.
Unfortunately (for fiat brains), in real (#bitcoin) terms, the S&P 500 index actually has had a rough trailing 12 months, and is down approximately -45%.
Lesson:
Choose your denominator--your measuring stick--carefully. Or you will lead a frustrating and stressful life.
Was the S&P your measuring stick before? Or something else?
Wittgenstein’s Ruler strikes again.
Bitcoin is not even considered an investment, but has outperformed the best index out there 3x leveraged for the past decade or more, which is Nasdaq.
There’s no investment in negative interest regime.
Investment = NPV positive, which means the average scenarios win.
There’s no yield when you get paid less than real inflation.
It’s bitcoin or nothing!
Learned this last cycle, game changer. Only investments worth while MUST outperform bitcoin or you are losing.
But my -45% performance isn’t as volatile
Volatility of bitcoin in bitcoin is null.
Bitcoin is only volatile because of the degeneration of the fiat currencies.
During Weimar’s Republic, due to hyperinflation gold used to swing 20% down and 200% up.
this is definitely the hardest part for people to wrap their heads around.
I’m not sure the fiat brained normies could even interpret this chart.
MSM propaganda should be illegal.
They're literally fueling mass mental illness and chaos.
I totally appreciate my bitcoin savings account. It has made such a difference in my mental state. I no longer fear having to work into my nineties just to cover expenses.
#Bitcoin is the greatest savings technology ever created.
Wait til they find out spx hasnt even reached y2k ATHs vs gold.
meanwhile btc is flying high above ATHs vs gold.
#HFSP
I was looking yesterday and the Mag 7 (30%+ of the S&P 500) was up 19%+.
The other 493, only 4%+ in 2024.
In 2023, the S&P 493 were down 8 and Mag 7 up 34%.
