Bitcoins cagr from the beginning of the decade to now has been about 43% which seems disappointing to us as Bitcoiner’s. But here’s some evidence we are all just delusional and fucked in the head 😂 Amazon is 32% a year since 1997 Nvidia is 36% per year since 1999 Apple is 18% per year since 1980 Warren buffet did 20% per year over the course of his investing career. Jim Simmons 39% per year George Soros 30% per year Peter lynch 29% per year Even Moore’s law itself only cagr’d at 41% We are literally cagr’ing at 43% a year as a 1.4 trillion dollar asset and everyone is bored and underwhelmed lol amazing

Replies (27)

I haven't seen that sentiment here, but sounds like you're looking at the degens on twitter. In fairness they think Bitcoin is another name for Strategy. Or derivatives contracts. Don't mind them; they'll be too broke to go online before long.
Most people bought last top and cagred at 4% or bought this top and are under wather. All while nvidia doubled in past few months.
When you earn Bitcoin, it doesn't matter what the value in fiat is. 1 Btc = 1 Btc Get on the Bitcoin Standard Bitcoin is money. Use it as such.
Yeah people don’t know math. 43% up from here gets us back to $103k, already up 20% from the bottom at $60k. I think anything less than best performance at all times is disappointing to people.
Outperforming the greatest investors in history AND Moore’s law while a tech sector crash or macro winter happens? Yeah, we’re completely out of touch. Stay bored, keep stacking. 🤝
Looking at that list, what's even more amazing is it does it without fraud and psychopathy. Just tick tock
Yes but also cmon we need a biblical bull run. I feel it in my balls it is coming when we least expect it. Screencap dis.
Jim Simons - legend I chated with him a few times The RenTech campus near Stony Brook SUNY had free lecture series once a month Virtually all long term employees at RenTech are multi-millionaries, even the kitchen staff worth a listen:
TIME PREFERENCE is a fork in the road. I watch traffic and judge 🧐
Would be cool to see your comparison of the products and services built around Bitcoin vs Monero and the acceptance/adoption rates for the two.
Move your reference to the past 5 or 6 years. Lots of long term hodlers haven't had that same performance, even with steady DCA
People aren’t underwhelmed because Bitcoin is underperforming. They’re underwhelmed because Bitcoin has permanently broken their expectations. Bitcoin fixes perspective.
The 21 million question is Bitcoin's future CAGR which, of course, none of us know. Saylor says he is operating under a 30% assumption -- so he is quite happy to pay the first 11.5% to those willing to invest their money with him. Same with Strive, etc. They call it digital credit. Sounds fancy and cutting edge. But it is simply a bet on future CAGR. For my taste, better to stay humble and stay out of the prediction markets. The future of bitcoin adoption, and why people buy it in the future, will be different from the past.