Renowned Bitcoiner Saylor has reacted to bullish Bitcoin price action
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Michael Saylor shared a diagram which shows the supremacy of Bitcoin over traditional assets and how BTC had increased since August 10, 2020 – the day, when MicroStrategy made its first ever Bitcoin purchase. Over the past four years, the Bitcoin annualized rate of return has comprised 55% with S&P 500 and Nasdaq indices showing only 14%. While gold and silver show 5% and 2%, bonds have demonstrated -2%, according to the diagram.
“Bitcoin is the only way to get ahead,” Saylor tweeted as if reminding the community that recently the share price of MicroStrategy has also surpassed many other companies, including Nvidia.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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