Part 2/12:
The speaker begins by examining the performance of major stocks when measured against Bitcoin over the past five years. Notably, giants like Tesla, Meta (Facebook), Berkshire Hathaway, Amazon, and Microsoft have all experienced substantial declines—around 71% to 75%—when priced in Bitcoin. Conversely, Nvidia stands out, gaining approximately 45% over five years when evaluated in Bitcoin.
While some stocks like Robinhood and Palantir have shown gains in shorter periods, the long-term view reveals that most traditional stocks have not performed well in terms of Bitcoin valuation. This stark comparison suggests that many stocks are losing value in the face of Bitcoin’s growth, especially when measured in a scarce, non-inflatable currency.