Silver has now outperformed Bitcoin from early 2021 to “today.”
While Bitcoin still crushes the full 2018-to-now window, the difference comes down to regime, timing, and the kind of pain you can actually hold through.
Every cycle has its signature trade, in 2021 it felt obvious.
Bitcoin had the story, the momentum, the cultural gravity, and the kind of upside that made everything else look slow. Plenty of people bought it as a statement as much as an investment, and for a while, it looked like the…