Technology company Nvidia (NVDA) has outperformed Bitcoin over the past ten years, but this should not be taken as an indicator for the decade ahead as the likelihood of this happening is very low, according to executives in the field of cryptocurrency.

“There is almost zero chance of Nvidia outperforming Bitcoin over the next ten years,” Swan Bitcoin CEO Cory Klippsten argued in an X post on May 24.

“I would choose Bitcoin over Nvidia for the next ten years, personally,” said investment strategist Lyn Alden after pointing out on X that NVDA “is one of the few assets that has outperformed Bitcoin over a period of ten years.”

From May 23, 2014 to May 23, 2024, Nvidia — which makes chips that companies use to train and deploy artificial intelligence (AI) models — turned a profit 21,558%, while Bitcoin returned 13,048%, according to data from Statmuse.

Over the past three months, since spot Bitcoin ETFs were approved on January 10, Bitcoin has delivered slightly better returns than Nvidia, with returns of 31.7% and 30.2%, respectively. .

Meanwhile, The Kobeissi Letter pointed out that a $10,000 investment in Nvidia stock in 1999 is now “worth $25.3 million” in an X post on May 24.

Daniel Sempere Pico questions whether Nvidia could have been considered an even “riskier” investment in 2014, when neither Bitcoin nor AI were widely available.

“It's unknown who could have predicted the whole AI story in 2014, but there were a few people who could see Bitcoin's potential,” Pico explained.

“If we go back to 2014, I wonder which we would think was riskier and less obvious to achieve such incredible returns,” he added.

However, the co-founder of 21st.capital, who uses the name “Sina” on X, argued that financial assets in general have a broader domino effect than AI as more people start using them.

“There are no network effects in AI. There are many layers of network effects in money,” Sina argued in a May 24 post.

While there are optimistic predictions for Bitcoin's performance over the next 24 months, there are also warnings of a significant correction.

On March 4, as Bitcoin Magazine reported former physics professor Giovanni Santostasi, using his “Power Law” model, predicted that Bitcoin could peak at $210,000 in January 2026 and then decline down to as low as $60,000. That is, if you are confident, you can buy BTC at this price and "forget about it", after all, it is now just the bottom price, according to professor Santostasi's model.


Source: https://tapchibitcoin.io/nvidia-rat-vi-dai-nhung-gan-nhu-khong-co-co-hoi-vuot-mat-bitcoin-trong-thap-ky-nay-mot-lan- nua.html