Summary
Bitcoin has shown to be anti-fragile as an asset, evidenced by its price increase when Silicon Valley Bank collapsed. It has outperformed all other asset classes over the last decade, indicating its potential as a safe haven investment.
Key Points
1. Bitcoin demonstrated its potential as a safe haven asset during the collapse of Silicon Valley Bank on March 10, 2023, with prices rising by 20% while stocks fell by over -1% the next trading day.
2. Bitcoin has outperformed all other asset classes over the last 1, 3, 5, and 10 years, showcasing its resilience and potential as an investment option during times of stress.
3. The concept of Bitcoin being anti-fragile is gaining traction, indicating that it may become increasingly resilient and robust in the face of market uncertainties and disruptions.