Bitcoin’s Growth Curve Outperforms Bonds, Gold, and Oil

According to a Bloomberg Intelligence analysis from August, the growth trajectory of Bitcoin closely resembles those of gold, oil, and the U.S. dollar. Treasury bonds (T).
Senior commodities strategist Mike McGlone and senior market structure analyst Jamie Coutts compared the markets for bitcoin to those for gold, bonds, and oil in the August issue of “CrYptO Outlook.”
A number of media (and public eye) comparisons of bitcoin and gold over the years, as well as the fact that bitcoin is an energy-backed currency that will closely track the performance of energy resources like oil, whether they go up, down, sideways, or in circles, may have contributed to this.
Hopefully, bonds, gold, oil, and bitcoin will all swell with proud financial ROI as the world economy prepares for a nice cool upswing in Q4. There is cause to believe that Bitcoin will surge ahead in this contest to retain its title, though.
U.S. The enormous debt burden that hangs over Treasury bonds’ heads is a burden that is about to burst at any moment. Although no commercial enterprises use gold, people assign it value based on its marriage of historical significance and intense political affinity.
People respect gold mostly because they are unable to obtain it. If they did, it would immediately become worth less.
Oil is a raw material that is wanted by everybody and difficult for anybody to own or control, despite the good it does for the development of civilization. It needs something above it that can channel its trans mutative fire into more efficient processes rather than further resource conflicts.
That thing is called Bitcoin, and it has the ability to transform uranium-enriched Earth oil into solar-powered renewable energy systems that serve to animate everyone. Bitcoin is the pinnacle of the meritocracy scale, in contrast to the aforementioned three.
In a world with Bitcoin at its center, the issue of who or what is truly most valuable can be best answered. As a result, you may anticipate that its growth curve will surpass all others as everyone adopts it both now and in the future.