Eight days of misery
Miller not enough

Lots of explosions and implosions

Feb 14, 2021

Is Dan serious? He's comparing a 100-year price chart of gold with a decade of insane Bitcoin volatility!

Forget the whole decade; just take the past twelve months. One Bitcoin was $5,000 less than a year ago. Today, it's worth almost $50,000. Bitcoin is a speculative asset. It's definitely the most spectacular gamble of the last decade. But a currency? Nope. Not with that level of psycho volatility.

Posted at 07:47 PM in Economics | | Comments (0)

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