3 ms·

My only issue with that is, it's behavior over the past 15 years seems to have a lot of interest rate risk built into. The thing about gold is historically it h

My only issue with that is, it's behavior over the past 15 years seems to have a lot of interest rate risk built into. The thing about gold is historically it has been a store of value that is independent of interest rate risk, and I'm just not seeing much evidence that BTC is also orthogonal to interest rates. When rates went up, BTC went down. When interest rates were low, BTC also mostly climbed. If I want exposure to the interest rate + some extra exposure to other things I can just invest in equities.

wonderwonder 3y ago
Completely valid as well. Makes a lot of sense to diversify, no need to be all in. With that said; there are few other assets that have accumulated this much value over their initial existence. BTC market cap just passed silver. Gold is a 10x away. So yes it absolutely has volatility but the greater trend is exclusively up with little sign of stopping.
Tubeee 3y ago
But currently BTC is at an all time high while rates are the highest they've been since Bitcoin's inception?