Bitcoin Versus Bonds: Asymmetric Assets
The asymmetric upside of bitcoin is tangential to bonds’ asymmetric downside as traditional treasury assets collapse.
This article is a republishing of “Mimesis Capital: Inside The Event Horizon, Report #14”
Bitcoin Versus Bonds: Asymmetric Assets
Jack Bogle, the founder of Vanguard, popularized the idea of a “60-40 portfolio.” The 60-40 portfolio is the basic idea that passive investors looking to efficiently transfer wealth through time should diversify their assets into 60% stocks and 40% bonds.
If bitcoin’s performance over the last decade tells you anything, it should scream that ” by Dylan Leclair.
Bitcoin And Macro Backdrop
In a world of extremely low bond yields and massive inflation driven by government and central bank fiscal and monetary policy, there is only one asset worth holding in size: bitcoin
Bitcoin’s relative lack of adoption combined with its perfectly increasing scarcity made it the best-performing asset of the last decade, and it will likely be the best-performing asset of the next decade as well.
TLDR: Drop everything and stack bitcoin, and if you don’t do that, at least drop bonds for it.
This is a guest post by Mimesis Capital. Opinions expressed are entirely their own and do not necessarily reflect those of BTC, Inc. or BitcoinLinux.
