Bitcoins Unheard Of 200 Pct Compounded Annual Growth Rate

This article came out in March of 2021 but the data still holds up since its now history…

Bitcoin’s CAGR is unprecedented in the history of finance, data shows, as MicroStrategy gives gold 10 years before it’s consumed by cryptocurrency.

Bitcoin (BTC) has delivered returns that are “unheard of” in history and ultimately leave Tesla stock in the dust. 

That’s according to fresh data from on-chain monitoring resource CaseBitcoin, which this week delved into Bitcoin’s astonishing compound annual growth rate (CAGR).

Read more… (https://cointelegraph.com/news/bitcoin-s-compound-annual-growth-is-an-unheard-of-200-cagr)

 

“I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can’t stop.” – F.A. Hayek 1984