Apple VS Bitcoin
Apple is super profitable
Buffett calls it a productive asset that can generate cash. Bitcoin, gold and antiques cannot generate cash and are called unproductive assets.
There are often people in the market. One group of people strongly devalues things like gold and Bitcoin, which are unproductive assets. They like to call themselves value investors. Another group of people think that the whole world is a plate scam and all financial instruments are plates. The innovative enterprise of Apple is that it can give you continuous cash dividends for 20 to 30 years. In addition to changing the world, it can also allow you to enjoy the rights of shareholders, and the long-term annualized return can be more than 20%.
There is a reason for the bull market of Bitcoin. After he found that the US dollar system or the euro system has the problem of collecting the wealth of the bottom people without a bottom line, we can create an electronic version of gold to store our wealth without being plundered. Each has its own, but the essence of the two is not in conflict. The conflict is that the human brain always likes to look at things with prejudice.
