...These facts change everything. To my mind, these facts mean that Bitcoin is a very safe asset to invest.
There are no safe assets to invest in. And the higher the return on an asset, the higher the risks. Therefore, the safest assets for investment have a yield of about 1% per annum. As for bitcoin, as we know, it has a high yield and, accordingly, it is a high-risk asset.
I look at things differently. For me, the ROI doesn't define the safety of the asset. I tend to look at what's happening behind the scenes, what are the reasons and arguments that prove that this or that asset is a safe investment option. Now I look at Bitcoin and I'm 100% confident that it's a safe asset for long-term investment purposes, much safer than 99% of the assets because look at what's happening, governments are creating Bitcoin strategic reserves and more & more are implementing this idea. Then, banks are also starting to save some portion of their assets in Bitcoin. I mean, look at these reasons, don't they make Bitcoin a safe asset? The ROI will be high because it's still a new thing and the market cap isn't as big as gold's market cap but it can reach that point easily in the next few years.