Bitcoin Marketcap
$1.14T
Gold Marketcap
$15.93T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
Bitcoin Marketcap
$1.14T
Gold Marketcap
$15.93T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN making the case for bitcoin every day
29 Dec 2017 | | Price when published: $14,476 (ROI since: +314%)
Filed under: investment reports
This piece explores bitcoin's fundamentals from first principles, and builds the case for an institutional investor to get comfortable with a long-term position.
I write not from the perspective of a trader, but from that of an investor who believes the long term is easier to predict than the short term. The paper thus focuses entirely on long-term equilibrium outcomes and investment strategy rather than short-term price movements. It also assumes the reader has some familiarity with the topic.
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