Yeah, this article's consideration is for the "bitcoin as an investment" class. It also looks like a sales pitch to convince people to continue investing in the inflated equities market.
"For example, we can compare Bitcoin’s price to a fund that just tracks the performance of the overall stock market, like the SPDR S&P 500 ETF. When you adjust for inflation, that fund was worth a little over 1.5% less on Tuesday than it was three years ago. That means if you bought $10,000 of Bitcoin at its peak, your money would be worth about $9,050 today. If you bought $10,000 of the SPDR S&P 500 ETF at the same time, it would be worth $9,850. Inflation hits old-school investments the same way it hits Bitcoin, but this time around, you would have been better off investing in the regular old stock market."
Yeah, this article's consideration is for the "bitcoin as an investment" class. It also looks like a sales pitch to convince people to continue investing in the inflated equities market.
"For example, we can compare Bitcoin’s price to a fund that just tracks the performance of the overall stock market, like the SPDR S&P 500 ETF. When you adjust for inflation, that fund was worth a little over 1.5% less on Tuesday than it was three years ago. That means if you bought $10,000 of Bitcoin at its peak, your money would be worth about $9,050 today. If you bought $10,000 of the SPDR S&P 500 ETF at the same time, it would be worth $9,850. Inflation hits old-school investments the same way it hits Bitcoin, but this time around, you would have been better off investing in the regular old stock market."
What a joke!