Michael Saylor Refutes Bitcoin Bearish Claims: Bitcoin Has Been the Best Performing Mainstream Asset Since August 2020

AirdropBlackHole · 2026-04-05T14:26:01+00:00

Peter Schiff criticized Bitcoin's limited growth, comparing it to other assets. Michael Saylor countered that Bitcoin has excelled since August 2020, and its long-term performance will only improve, emphasizing the importance of the time frame in assessing value.

AirdropBlackHole

2026-04-05 14:26:01

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On April 5, economist and cryptocurrency critic Peter Schiff called for the selling of Bitcoin, to which Strategy founder Michael Saylor responded. Earlier, Peter Schiff stated that over the past five years, Bitcoin’s price has only increased by 12%. In the same period, the Nasdaq rose by 57.4%, the S&P 500 increased by 59.4%, gold surged by 163%, and silver jumped by 181%. If Bitcoin’s appeal lies in its superior long-term performance, why do people continue to hold it? Michael Saylor replied that the time frame is crucial. Since August 2020, Bitcoin has been the best performing mainstream asset, and the advantage is very clear. If the time span is extended, this gap will only widen.

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