I recently posted how Bitcoin has zero store of value function, zero diversification benefit & zero yield. One push-back was that Bitcoin is rising again, but that's my diversification point. It's rising as markets are more dovish on the Fed. Bit
So it turns out that Bitcoin is just another bubble asset that blows up when the Fed gets serious about hiking interest rates. Zero store of value function. Zero diversification benefit. Zero yield. Sayonara Bitcoin...