Community Trust ScoreVerified
A capital gain is the increase in a capital asset’s value and is realized when the asset is sold. Capital gains apply to any type of asset, including investments and those purchased for personal use. The gain may be short-term (one year or less) or long-term (more than one year) and must be claimed on income taxes.
Jeremy Allaire expressed: “BTC on top of overall capital markets again in 2021. LargeCaps ETH, BNB put in even stronger performances.” Further stated, “Too Big to Ignore.”
Reportedly, Goldman Sachs 2021 return score card for benchmark and thematic equity baskets gives 60% in benchmark points for Bitcoin.
This is again proof that Crypto continues to be in the Top of the Mind and clients are increasingly saying yes.
There continues to be security, regulatory and technological tasks in progress improve adoption.
Michael Novogratz, CEO of Galaxy Digital expressed: “My New Year resolution is to explain to the progressive leadership in Congress that crypto is actually progressive.”
Several billionaires irrespective of their country of origin are buying the idea of “store of value” in Bitcoin in case Fiat goes to hell.
Many of them agree that it is good to have 2 to 3 percent of one’s personal wealth in cryptocurrencies. Many of them agree that they are not sure if the value of Bitcoin will go to zero or to million dollars, but still they are okay about getting invested in Bitcoin.
Not all millionaires are alike. There are individuals and millionaires who have a general feeling of doubt about Bitcoin, and they are not ready to believe in BTC. A reasonable and logical way of doing things or of thinking about problems that is based on dealing with specific situations instead of on ideas and theories, thus balancing vision with pragmatism it the way to go for many investors though.
Community Perception: Risk-adjusted return on Bitcoin does not look good with a Sharpe ratio of about 0.5 in 2021. The excess return is too low to compensate adequately for the high volatility.
Mike, Good luck explaining to people who want more centralized, top down, iron-fisted, expansive, bloated government, why they should adopt technology that represents individual sovereignty, they can’t print more of, they can’t control and breaks free of the ponzi M2. Good luck.
Your understanding of progressives is on par with those two progressives’ understanding of crypto.
Bitcoin is a vote with your coin thing. So yeah, it’s progressive too. The free market of Bitcoin will decide the value of the progressive propositions from there.
