Its difficult for normal people to use...
Why that? Compared to Hive (Hive, HBD, HP, savings, private, posting, active key,...) it is super easy :)
Also you forgot about the deflationary aspect. BTC can´t be inflated. TSLA stocks could be anytime diluted.
And finally, your comparison is quite arbitrary, using "since IPO/ICO". If you would e.g. compared the last year only, it would look quite different.
But other than that I agree :)
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I tried to not insert my bias by picking my own date. If I pick since last year that would be arbitrary and if I pick since April 1st 2018 that would be arbitrary. So I just did since inception because a lot of stock platforms and mutual fund platforms list that as one of the key stats, but I did leave an embedded link in the Bitcoin price for people to do their own calculations and I am sure a Tesla calculator exist as well for people to choose other dates.
I also made a mistake cause I push the calculator back as far as it would go and I thought that was ICO, but after double checking it actually only went to January 1st, 2011, so I made a correction to my post. I did some more research and posted a revised calculation for BTC which only made it more lopsided in favor of BTC.
As far as inflation goes. Bitcoin can be inflated and deflated, but in a different way than most people think. First, there is macro-inflation through the Federal Reserve Bank which has pumped the markets full of liquidity which has driven price increases for pretty much all asset classes--gold, real estate, bonds, stocks, cryptos, and even oil is starting to see an uptick.
Then there is slightly more direct inflation through hedge funds. As more of the currency supply is held by these hedge funds you will see the prices of BTC rise. The known fixed supply cutoff amount which was designed to prevent the kind of tampering that you see by the Federal Reserve Bank becomes a mechanism by which hedge funds tamper through HODLing.
This liquidity driven manipulation has led to massive amounts of deflation for anything denominated in dollars. I am sure many have heard of the story where a person bought two pizzas for 10,000 BTC. Today you don't need nearly as much BTC.
On the hand the hand this manipulation has led to rapid price volatility for transaction fees on the network.
https://www.coindesk.com/bitcoin-transaction-fees-hashrate
As for BTC being difficult for normal people to use I really just wanted to make the point that BTC is not a best in class technology as one might consider Tesla to be best in class for electric cars.
Thanks for engaging!
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