4 ms·

it lagged the qqq too. at best it generates beta. no alpha.

• bko 4y ago
  Yeah. If someone wants to do a levered bet on tech, they should. This is essentially what Cathie Wood is selling. So let's just drop the BS. Peter Thiel gave a speech at a Bitcoin conference a few months back where he explained Bitcoin price movement resembling a levered tech stock. And I'll say, it makes a lot of sense and dispels the whole idea of Bitcoin being an inflation hedge. https://www.youtube.com/watch?v=ko6K82pXcPA https://www.youtube.com/watch?v=ko6K82pXcPA
  • devoutsalsa 4y ago
    Bitcoin is not backed by any fundamental at all. Any movement up or down is pure speculation.
    • deleted 4y ago
      [deleted]