Gold is volatile. What do you think about gold? pic.twitter.com/hIL1KsIv1Q— Dan Monocellular Held (@danheld) February 12, 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.