Bitcoin is an Outperforming Asset
Bitcoin is often referred to as digital gold, while comparing it with physical gold, both in terms of value preservation properties and in terms of profitability. However, do not forget about the stock markets and their "blue chips" with high returns.
Anthony Pompliano reviewed the profitability for 2020 of the above-mentioned assets and came to the conclusion that in terms of profit, Bitcoin is the best.
All those traders on Wall Street should have just bought 2020's best performing asset — Bitcoin. Pomp @APompliano via Twitter
Key Players are Noticing Bitcoin
While conventional investments could be overshadowed by the crypto sector, the bloodbath, where many assets have lost their recent profits, hasn't dampened the excitement of the Bitcoin bulls.
MicroStrategy has a very big US dollar surplus and Saylor was progressively worried that printing money on an unsustainable basis would eventually lead to a currency devaluation by grappling with the economic effects of the Covid-19 pandemic, which placed the buying power of his Virginia-based cash at serious danger.