I am just referring to the somewhat lack of a market for bitcoin in the first few years, and also how much of a niche that it was in the earlier days - even though it is intended as a utility that is meant to serve the whole world.

Of course, when we go into the future, we are going to continue to look back at bitcoin and say that it was more niche then than it is now, because bitcoin is quite likely to be constantly expanding in very exponential kinds of ways for many years to come.

If you want to attempt to fairly represent asset classes and to fit them in their respective categories, just consider it a wee bit more fair to cut off those first few years.. even though I understand and appreciate that factually, people who invested in bitcoin did exponentially outperform those other assets and any other asset class.. bitcoin still was very niche at that time and bitcoin is an invention that is much more than any of those other assets in terms of it protocol level of innovation.. more comparable to the invention of the internet.. but at the same time the internet did not have a value token attached to it in order to incentivize development and hoarding (not meaning to use hoarding in a negative context).