Responding to the findings, Messari researcher Roberto Talamas highlighted that Bitcoin has produced an annualized return of 230% on average — more than 10 times higher than the second-ranked asset class. The U.S. Nasdaq 100 Index ranked second with an annualized return of 20%, followed by U.S. Large Caps — shares in U.S.-based companies with market caps exceeding $10 billion — with an average annual performance of 14%. U.S. Small Cap stocks were the only other asset class to post double-digit annualized returns for the past ten years, with 12.9%.
The data also shows that gold made a paltry annualized return of 1.5% since 2011, with five out of the past 11 years producing a loss for the asset. According to Gold Price, the precious metal has fallen by 8.5% since the beginning of 2021, much to the chagrin of Bitcoin detractor and gold investor Peter Schiff. Since 2011, BTC’s cumulative gains for BTC equate to a whopping 20 million percent. 2013 was Bitcoin’s best-performing year, during which it gained 5,507%.