Subject: bitcoin a loser
". The annual volatility of Bitcoin is about 3.8x the volatility of the S&P 500. That means that the average annual return of Bitcoin needs to be about 30% per year to make it break even with the S&P 500 on a compound return basis. Bitcoin managed to do that over the last five years, with an average annual return of 40%. But do you really think Bitcoin is going to average more than 30% per year over the next five years? Or more generally, do you think that Bitcoin is going to average returns in the long run that are 3x the return of the US stock market?" -Klement on Investing