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Saylor refutes bearish comments on Bitcoin: Since August 2020, Bitcoin has been the best-performing mainstream asset.
On April 5, economist and crypto critic Peter Schiff posted a call to sell Bitcoin, and Strategy founder Michael Saylor rebutted him. Peter Schiff said a little earlier that over the past five years, the price of Bitcoin has only risen by 12%. Over the same period, the Nasdaq rose 57.4%, the S&P 500 rose 59.4%, gold rose 163%, and silver rose 181%. If Bitcoin’s appeal is its superior long-term performance, why would anyone keep holding it? Michael Saylor replied that the time horizon is crucial. Since August 2020, Bitcoin has been the best-performing mainstream asset, and the advantage is very clear. If you extend the time span, this gap will only get bigger.