Bitcoin's Five-Year Performance Compared to Other Assets
Peter Schiff recently commented on Bitcoin's performance over the past five years, noting that its price has increased by only 12%.
According to Odaily, during the same period, the Nasdaq index rose by 57.4%, the S&P 500 index by 59.4%, gold by 163%, and silver by 181%.
Schiff questioned the rationale for holding Bitcoin if its appeal lies in superior long-term performance.
Michael Saylor responded by emphasizing the importance of the time frame.
He stated that since August 2020, Bitcoin has been the best-performing mainstream asset, with a clear advantage.
Saylor suggested that extending the time span would only widen this gap.
DYOR
BTC
74,668.89
+0.70%