Too Long; Didn't Read
Bitcoin has outperformed all asset classes during our lifetime’s most insane monetary policy expansion. Since Q2 of 2020, bitcoin surged 150%, but S&P 500 is up 28%, Nasdaq 18%, and gold only 6%. Large bitcoiners and institutions view bitcoin as a value store. Bitcoin has an all-time high in the amount of supply that hasn’t moved for at least a year. Despite all the madness, the largest holders keep holding. Crashes are temporary. Sometimes the market recovers with lightning speed, as it had in 2021.