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On April 5th, economist and cryptocurrency critic Peter Schiff posted a call to sell Bitcoin, which was rebutted by Strategy founder Michael Saylor.
Peter Schiff earlier stated that over the past five years, Bitcoin's price has only increased by 12%. During the same period, the Nasdaq has risen 57.4%, the S&P 500 has increased 59.4%, gold has risen 163%, and silver has increased 181%. If Bitcoin's appeal lies in its superior long-term performance, why are people still holding it?
Michael Saylor responded that the time frame is crucial. Since August 2020, Bitcoin has been the best-performing mainstream asset, with a very clear advantage. If the time span is extended, this gap will only grow larger. #Gate广场四月发帖挑战