"Bitcoin is the asset that has proven time and time again that the risk:reward ratio outperforms everything under the sun."
I wanted to chart BTC vs gold over the lifetime of gold being used as money. I can't find a chart that does that over the last 5500 years, because BTC is <15 years old. However, the amount of value that BTC has represented during the lifetime of gold used as money is not able to be calculated because the margin of error regarding the duration of the use of gold as money is an order of magnitude larger than the duration of the existence of BTC. IOW, on that theoretical chart graphing the relative value of BTC and gold, BTC doesn't even exist, because the time tick on a chart showing 5500 years is either larger than 15 years, or the chart can't be small enough to fit on a page. Gold has represented X% of wealth on that chart for 99.73% of the time, but because there is uncertainty as to when gold actually began to be used as money, the margin of error just eliminates that .27% of the time that BTC has even existed. It's statistically irrelevant.
I strongly agree it's early yet, and that it's just a volatile anything-goes casino.
Thanks!