Many friends have complained that the returns from cryptocurrencies this year are not as good as those from U.S. stocks, and it would be better to invest directly in stocks.

1. M2 represents inflation. The current inflation rate is 6.91%, which means your money is worth nearly 7

2. S&P 500 The long-term annualized rate of S&P 500 is 7.93%, which is 1 percentage point higher than M2 inflation, barely outperforming inflation.

3. BTC BTC’s average annualized return is 72.08%, 64 percentage points higher than the S&P 500.

4. Conclusion Comparing the data, BTC's long-term investment return is much better than S&P 500, which means that the long-term return of cryptocurrencies is still better than that of US stocks. Even if BTC is accepted by more people, the probability of large returns will decline, and its performance will be better than that of US stocks. Of course, some people will say that buying a few leading companies in the US stock market will yield much better returns. But in fact, the result is that not many people can outperform the US stock index S&P 500 in the long run.