matthew on Nostr: Correct. The latest the comparison should begin is when Bitcoin had a market cap or ...
Correct. The latest the comparison should begin is when Bitcoin had a market cap or average daily trading volume comparable to a liquid public equity (say, the smallest in the S&P 500). Before that, it was not investible... If you got your hands on it, it wasn't because of your investing prowess; it required much more than that.
Published at
2025-02-10 12:19:54Event JSON
{
"id": "b11963fc106da56065c92c1b60dd88e3238aa684b50af1190e9457d8ceb66526",
"pubkey": "8c133b3103c5728a86ac17c3b6a1fdeb10894dd349a965325fd117b405371505",
"created_at": 1739189994,
"kind": 1,
"tags": [
[
"e",
"b2247be767c940b9c8238b4d6015c95fc947fd7bc0791bca1247fe047fe24bd9",
"",
"root"
],
[
"e",
"8a0a64b23f14eacc8063527da28fac6ca8b25e1e73aa9a63cd1134cc069f06de",
"",
"reply"
],
[
"p",
"7b991f776d04d87cb5d4259688187a520f6afc16b2b9ad26dac6b8ee76c2840d"
],
[
"p",
"d745f5930f89890d71e06de1f3fb6513851ef4aac9148c16c59280794d00ecea"
]
],
"content": "Correct. The latest the comparison should begin is when Bitcoin had a market cap or average daily trading volume comparable to a liquid public equity (say, the smallest in the S\u0026P 500). Before that, it was not investible... If you got your hands on it, it wasn't because of your investing prowess; it required much more than that.",
"sig": "34a270d19ad8c3bb711a7428edeb53c453478a231ef939c447599bc408921af03c690fa0c77e98042bca9baad7175fda0853c15380d1e5b9ff4a976bee5eef6a"
}
