🟡 Gold has a year-to-date (YTD) return of 26.72%.
📈 The return of gold over the past year has reached 42.14%.
📊 Over the past 20 years, gold has provided an average annual return of 8.4%.
🟡 Gold is currently the largest asset in the world by market capitalization, valued at over $22 trillion, yet it continues to rise in price.
💬 Meanwhile, many are concerned that the market capitalization of Bitcoin at $2 trillion is "too large" to continue growing. But the reality is that money is everywhere, still being printed, and always looking for reasons to enter the market.
If conditions are right, any asset can see a strong price increase 🚀, regardless of its market cap.
The idea that Bitcoin could someday approach, or even exceed, the market capitalization of gold was once considered an illusion.
📉 Five years ago, Bitcoin's market cap was only $289 billion, while gold's was $13 trillion.
📈 Currently, Bitcoin's market cap has reached $2 trillion, while gold has increased to $22 trillion.
This is very positive if you believe that Bitcoin can follow the growth trajectory of gold's market cap, as gold continues to rise sharply.
Despite being at a very large scale, gold has continued to grow rapidly in recent years, with an average return of 8.4% per year over the past 20 years.
Yet people still mock Michael Saylor when he says he expects Bitcoin, an asset with only $2 trillion in market cap, to grow an average of 29% per year to reach $13 million by 2045.
🤔 Sounds crazy? Maybe. But the NASDAQ technology index has had an average return of 16.87% per year over the past 17 years.