Bitcoin Is Rising While The Stock Market Is Falling. In The Last Two Weeks, At Least.

Since 20th December 2022 up until now the stock market has risen, Bitcoin and crypto also rose along.

However, in the last 5-10 trading days, Bitcoin's price is rising, while the Nasdaq Composite Index, especially is falling.

This speaks in favour a theory/opinion I expressed on this blog previously that Bitcoin and cryptocurrencies investing could actually prove a good diversifier for equities investing. In the last trailing calendar mont for example, Bitcoin's price in USD is up 5.77 %, while the Nasdaq Composite rose 1.13 % in the same time span.

Until now, Bitcoin and crypto's prices fell or rose when the Nasdaq Composite fell or rose respectively. Bitcoin seemed like a leveraged play on the Nasdaq or technology stocks in general.

However, as fas as I am concern crypto and especially its bedrock Bitcoin has an idiosyncratic competitive advantage over tech stocks. 

Bitcoin is fin-tech itself. Bitcoin could prove USD 2.0. Bitcoin could become a 100 % fully effective means of exchange, store of value and unit of account or money in 100 % of its functions.

Bitcoin, I think is the greatest financial innovation since money transfers. This may sound exaggerated, but what Bitcoin provides is freedom -> independent, distributed, unsupervised validation, which makes both financial and production manufacturing processes more efficient.

Yes, crypto is a libertarian idea, a freedom concept. But that is why it could actually work, I think.

And change the world. For the better.