Arthur, thanks for your comment. We consider bitcoin in “The Concave and Convex Profiles of Productive and Scarce Assets." I think it has a place in an investor's portfolio. From the 4x4 perspective, bitcoin has recently been competing for the Growth goal with the likes of Nasdaq, not diversifying in downturns, e.g., 2022.
Arthur, thanks for your comment. We consider bitcoin in “The Concave and Convex Profiles of Productive and Scarce Assets." I think it has a place in an investor's portfolio. From the 4x4 perspective, bitcoin has recently been competing for the Growth goal with the likes of Nasdaq, not diversifying in downturns, e.g., 2022.