Bitcoin has outperformed all asset groups by at least a factor of ten over the last ten years.
Charlie Bilello, the CEO and creator of Compound Capital Advisors, honored the landmark by compiling the largest asset groups’ output utilizing data from Ycharts.
In response to the results, Messari analyst Roberto Talamas pointed out that Bitcoin has generated an yearly yield of 230 percent on average, which is over ten times that of the second-ranked currency.
The U.S. Nasdaq 100 Index placed second with a 20 percent annual profit, led by U.S. Large Caps — investments in U.S.-based firms with market capitalizations above $10 billion — with a 14 percent annual return. At 12.9 percent annualized returns over the last ten years, U.S. Small Cap stocks is the only other asset class to produce double-digit annual returns.
According to the results, gold has returned a paltry average yield of 1.5 percent since 2011, with the commodity losing money in five of the last 11 years. As per Gold Price, the value of gold has dropped by 8.5 percent since the start of 2021, much to the displeasure of Bitcoin skeptic and gold trader Peter Schiff.
After 2011, BTC has grown by a massive 20 million percent. The year 2013 was Bitcoin’s greatest year, with a rise of 5,507 percent.
The figures also reveals that Bitcoin has only had two years of annualized losses in its history, with BTC dropping by 58 percent in 2014 and 73 percent in 2018.
BTC has gained 108 percent since the beginning of 2021, with the markets touching a record peak of just above $61,500 recently.