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Comment by EVa5I7bHFq9mnYK

4 months ago

You conveniently cherry-picked the low point after the 2008 crash as the starting point for your "went up" calculation. Had you started from the fund's inception in November 2000 and accounted for egg prices, the gain would be a more modest 39.4% over the 24.22-year period. Accounting for the price of gold, that would be a negative -14.7%.

And USD is in the much better shape than most other world fiat currencies, look at Zimbabwe, Argentina, Turkey or Russia.

The difference is that crypto hacks are rare, random and fixable (Bitcoin ETFs have the same brokerage protections), but fiat money hack is universal, systemic and legalized.