if it's truly the "baseline" measure of value for the world, then nothing should outperform it long term
i think this is a big blind spot most bitcoiners have.
dollars have been the “baseline” measure of value for 100 years, and lots of companies outperform dollars.
gold was the “baseline” measure of value for the previous 2000 years, and lots of companies outperformed gold.
MSTR/BTC on the Log scale is compelling to look at. The cogs are turning
I agree that nothing changes about the fundamentals of investing on a BTC standard, it becomes the new baseline to bet against. It is just the nature of a deflationary baseline currency rather than inflationary ones like dollars and gold that make me question the long-term sustainability of any uptrend against Bitcoin. Most people will not need to invest like we do today as tech + BTC decreases the cost of living, but for those who do, MSTR looks to be great bet i must agree
reply
One generally outperforms the market, rather than the dollar. It’s trivial to beat the dollar with it inflating so damn much! Gold was mostly static in price due to fixed redemption ratios for fiat, or fixed ratios for metal. The whole “a men’s suit cost 1oz au for most of human history”.
Gold is static price, it’s easy to outperform!
Bitcoin. This will be hard to beat until we get to it’s real price (something beyond $1=1s)
reply