Will NVIDIA beat BTC returns in the next decade? Swan Bitcoin CEO weighs in
CryptoNewsTerminal Staff25 May, 2024
Will NVIDIA beat BTC returns in the next decade? Swan Bitcoin CEO weighs in
Swan Bitcoin CEO Cory Klippsten believes that NVIDIA stock has a "zero percent chance of beating Bitcoin over the next decade" in terms of return on investment (ROI). This comes after popular macro strategist Lyn Alden recently stated that "NVDA stock is one of the few assets that has beaten Bitcoin's returns over the last decade." Klippsten's bullish view on Bitcoin is based on the belief that Bitcoin is a "hard" asset with a limited supply, while NVIDIA is a "soft" asset with an unlimited supply. He also believes that Bitcoin is a more decentralized and censorship-resistant asset than NVIDIA. It remains to be seen whether Klippsten's prediction will come true. However, his comments highlight the growing interest in Bitcoin as an investment, as well as the debate over whether Bitcoin or traditional assets will provide better returns in the future.