Mark Moss shows how Bitcoin's 30% annual growth rate doubles your money every 3.5 years. A $1 million investment becomes $128 million through compounding, but selling triggers taxes and kills the effect. His argument: hold for the next two decades.
Bitcoin's averaging about a 50% compound annual growth rate per year. Let's drop it to 20, just so we can think about this in numbers. At 20%, that means that it doubles every 3.5 years. So if you had $1 million in Bitcoin, in 3 years, that's 2, and then it's 4, and then it's 8, and then it's 16, and then it's 32, and then it's 64, then it's $128 million. That last double is $64 million in 3 years. $64 million in 3 years, the same time it took to go from 1 to 2. But if I sell my Bitcoin at some point, I gotta pay tax on it. Right. keep what's left, and I lose out on all that compounding. So never sell. That's assuming it doubles every 3 years, though. Pretty crazy. But it's assuming a compound annual growth rate of 20%. Like I said, as of right now, kind of depends on when you measure it, that's 30%. It should do more than that, at least probably for the next 2 decades. Really? Yeah. Wow. You're that confident? Yeah. Holy crap.
