Bitcoin Is the Best Performing Securities Of the Last Decade

Bitcoins (BTC) is topping the best performing assets of the last decade. The 2010s have seen the longest ever bull market in history. After the bear market of the previous ten years, it is a real success. The average closing level of the S&P 500 was 1,123.58 as of January 2010. Compared to 3,159.85 in December 2019 this represents a 181% ROI return over the last decade.

But stocks are not the most interesting assets. The decade was remarkable due to appearance of a completely new asset class brought into existence by the Internet — cryptocurrency. The best performing crypto Bitcoin also reached the highest return level of any investment in any asset class over the decade.

Bitcoin has managed to surpass Netflix with its 3680% ROI and Palladium with 354% ROI. Bitcoin’s ROI is estimated in unprecedented 295,999,900%.

Short History Of Bitcoin

The first Bitcoin was ”mined” back in 2009, and until 2010 the digital currency was not regarded as a serious asset by any market. On May 21, 2010, the first real world Bitcoin transaction was recorded. Laszlo Hanyecz, a programmer living in Florida, paid 10,000 BTC to a volunteer in England, who later used them to buy Papa John’s pizza for Hanyecz. The pizza costed some $25.

Comparing that 2010 exchange rate of $0.0025 and the Coinbase’s rate of $7,400 on December 29, 2019, Bitcoin’s ROI is calculated in totally mind-boggling 296M%. Making it by far the best performing asset in the last decade