Milk Road Macro (@MilkRoadMacro) “Bitcoin is the first new asset class in 170 years. The last new asset class befo” — TopicDigg
Milk Road Macro
@MilkRoadMacro
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By @MilkRoad
加入 June 2023
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Bitcoin is the first new asset class in 170 years.
The last new asset class before Bitcoin was oil which was discovered in the 1850s.
@ricedelman believes that $BTC is the oil of our era.
Here's why:
Modern portfolio theory says you want as many non-correlated assets as possible. And over the last 16 years, Bitcoin hasn’t consistently moved in sync with stocks, bonds, or gold.
That's exactly the property you want from a diversifier.
You don't need to believe in Bitcoin to own it. You just need to believe in diversification.
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