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Saylor responds to Peter Schiff: Since August 2020, Bitcoin has been the best-performing mainstream asset.
ME News Report, April 5th (UTC+8), Peter Schiff posted that over the past five years, Bitcoin’s price has only increased by 12%. During the same period, the Nasdaq Index rose by 57.4%, the S&P 500 Index increased by 59.4%, gold rose by 163%, and silver increased by 181%. If Bitcoin’s appeal lies in its excellent long-term performance, then why do some people continue to hold it? Michael Saylor responded, “Time frame 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 grow larger.” (Source: ODAILY)