# Future of Bitcoin
**URL:** https://forum.mustachianpost.com/t/future-of-bitcoin/3750
**Category:** Investing / Cryptocurrencies
**Created:** [April 26, 2020, 10:18am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750 "2020-04-26T10:18:47Z")
**Posts on this page:** 20
**Page:** 67
### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 8, 2023, 10:19am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1447 "2023-05-08T10:19:34Z")
> [@kraphael](#):
>
> True they gambled and were lucky… this time. The UBS group is dead wood since 2009 barely afloat and not being allowed to die.
Not sure what you are talking about. The company is doing great, record profits in 2022 for example.
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### Author:  [@kraphael](https://forum.mustachianpost.com/u/kraphael)
#### Post date: [May 8, 2023, 12:23pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1448 "2023-05-08T12:23:59Z")
> [@Barto](#):
>
> Whether you like it or not that’s the current system and it isn’t likely to change anytime soon. Many governments have debt of 100% of GDP so it is in taxpayers’ interest
That’s the problem, there is no way out and the Europe will probably end like Japan in an economic
ice age with an old unproductive population. It’s either inflation or default.
> [@Barto](#):
>
> Policy makers have been trying to avoid deflation and create some inflation for \>10 years and only recently succeeded. Now they are just trying to slow it to a predictable level, they do not want to stop it
Deflation was created by technology, cheap energy and globalisation, now these times have ended with the rising conflicts, babyboomers retiring and nuclear power plants beeing shut down left and right. I agree policy maker want inflation to get out of debt, still it’s a hidden tax especially on the poor.
> [@Cortana](#):
>
> Not sure what you are talking about. The company is doing great, record profits in 2022 for example.
Here a chart UBS vs SP500, I wouldn’t call that a confidence vote from the market. I will spare you a comparison to BTC 😉 .
I don’t want too attack anybody working there or in another bank. I was a UBS (and also CS, Raiffeisen, Postfinance,…) client for decades and my wife has been working for UBS for a while, my assitant worked at CS for nearly 20 years and started as aprentice so I know a bit about the culture and processes. I just think traditional banks are being drowed in old structures, false incentives, regulation and compliance and too big and old to adapt to todays technologies. At some point in the not too far in the future they will be fully replaced. My best guess is by DeFi which will be safe and easy to use in about 5-10 years and probably a CBDC account at the SNB.
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### Author:  [@Wolverine](https://forum.mustachianpost.com/u/Wolverine)
#### Post date: [May 8, 2023, 3:12pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1449 "2023-05-08T15:12:44Z")
Does your chart include dividends?
Here’s UBS since 2015 vs VOO (S&P500) and a more localised EWL (MSCI Switzerland) since 2015 (no earlier data in Portfoliovisualizer for UBS), in USD:
[https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2023&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=UBS&allocation1\_1=100&symbol2=VOO&allocation2\_2=100&symbol3=EWL&allocation3\_3=100](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2023&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=UBS&allocation1_1=100&symbol2=VOO&allocation2_2=100&symbol3=EWL&allocation3_3=100)
It didn’t outperform but it wasn’t terrible either.
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [June 9, 2023, 2:30pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1450 "2023-06-09T14:30:16Z")
4 posts were split to a new topic: [Decentralized data storage](https://forum.mustachianpost.com/t/decentralized-data-storage/10432)
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [August 28, 2023, 6:16am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1451 "2023-08-28T06:16:08Z")
> **[Prime Trust Filing Reveals Cascade of Failures That Led To Bankruptcy Filing...](https://decrypt.co/153954/prime-trust-bankruptcy-wallet-incident)**
>
> Dubbed "The Wallet Incident," the company lost the keys to a hardware crypto wallet, but customers continued to deposit funds into it.
Just an example illustrating why I am sceptical about crypto ETFs etc.
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### Author:  [@CurlyChicken](https://forum.mustachianpost.com/u/CurlyChicken)
#### Post date: [August 28, 2023, 12:38pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1452 "2023-08-28T12:38:13Z")
short Ray Dalio’s video clip about the ideal digital coin
[ ](https://www.youtube.com/watch?v=tocBhHXKWFo)
it sounds reasonable to me that in the future ingenious minds may design a better currency
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### Author:  [@kraphael](https://forum.mustachianpost.com/u/kraphael)
#### Post date: [October 24, 2023, 9:47am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1453 "2023-10-24T09:47:02Z")
- 105% YTD
LMFAOOOOOOOOOO
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [October 24, 2023, 10:01am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1454 "2023-10-24T10:01:49Z")
You mean, slightly less than 50% from ATH?
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### Author:  [@dbu](https://forum.mustachianpost.com/u/dbu)
#### Post date: [October 24, 2023, 10:50am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1455 "2023-10-24T10:50:56Z")
> [@kraphael](#):
>
> 105% YTD
> LMFAOOOOOOOOOO
META 214% 1Y 🤑
So what 😄
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### Author:  [@d2893d](https://forum.mustachianpost.com/u/d2893d)
#### Post date: [October 24, 2023, 1:49pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1456 "2023-10-24T13:49:52Z")
Or slightly more than 50% than the ATH of 2017 😉
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### Author:  [@conquestador](https://forum.mustachianpost.com/u/conquestador)
#### Post date: [October 24, 2023, 6:08pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1457 "2023-10-24T18:08:29Z")
I have checked my locked DOT’s and BTC today and even wasted a second to consider buying into to have even numbers, a clear indication that it’s just a pump and we should be at the top only going down from now on 😂
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### Author:  [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [October 25, 2023, 4:31am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1458 "2023-10-25T04:31:59Z")
[ ](https://www.youtube.com/watch?v=qJ6UPUJbwUY)
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### Author:  [@ThriftySquirrel](https://forum.mustachianpost.com/u/ThriftySquirrel)
#### Post date: [November 9, 2023, 1:57pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1459 "2023-11-09T13:57:26Z")
So… how’s everyone feeling 😁 ?
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### Author:  [@mabi](https://forum.mustachianpost.com/u/mabi)
#### Post date: [November 9, 2023, 10:40pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1460 "2023-11-09T22:40:56Z")
🥳 but what is this pump now all about?
Aha, probably this:
> **[BlackRock's Ethereum ETF Plan Is Confirmed in Nasdaq Filing](https://www.coindesk.com/business/2023/11/09/blackrocks-ethereum-etf-plan-is-confirmed-in-nasdaq-filing)**
>
> The world's largest asset manager already made waves by seeking to list a bitcoin ETF
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### Author:  [@d2893d](https://forum.mustachianpost.com/u/d2893d)
#### Post date: [November 13, 2023, 4:14am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1461 "2023-11-13T04:14:07Z")
And that it’s only the spring 😉
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [November 24, 2023, 11:54am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1462 "2023-11-24T11:54:41Z")
38k. US is waking up to black Friday and buying Bitcoin with a 45% discount from the previous all times high. Oh, wait…
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### Author:  [@d2893d](https://forum.mustachianpost.com/u/d2893d)
#### Post date: [November 24, 2023, 2:38pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1463 "2023-11-24T14:38:25Z")
Since 2011 when considering annualized returns, Bitcoin’s rate of return stands at 230%, which is 10 times higher than the second-best performing asset class, the Nasdaq 100 Index.
Over the same period, large US stocks experienced an annualized return of 14%, high-yield bonds saw a growth of 5.4%, and gold had a return rate of 1.5%.
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [December 3, 2023, 8:24am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1464 "2023-12-03T08:24:54Z")
[https://seekingalpha.com/article/4654361-bitcoin-and-stablecoins-monetary-gates-open](https://seekingalpha.com/article/4654361-bitcoin-and-stablecoins-monetary-gates-open)
I like her articles, enlightening and inspiring.
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### Author:  [@d2893d](https://forum.mustachianpost.com/u/d2893d)
#### Post date: [December 4, 2023, 7:40am UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1465 "2023-12-04T07:40:50Z")
150% YTD. ETF around the corner, halving in 136 days. Oh boy, we’re so fu\*\*\*\*\*ing back.
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### Author:  [@ThriftySquirrel](https://forum.mustachianpost.com/u/ThriftySquirrel)
#### Post date: [December 5, 2023, 7:19pm UTC](https://forum.mustachianpost.com/t/future-of-bitcoin/3750/1466 "2023-12-05T19:19:59Z")
And it keeps going.
Seems like the FOMO is happening. I know I’m starting to get some 😆
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