whatchamacallit wrote: ↑Mon Apr 20, 2026 2:24 pm
How has it done vs bitcoin? I expect it is highly correlated?
It's aligned more with Ethereum. Bitcoin's market cap in the last few years has seen in-flows (price increases) in reflection of greater acceptance/more mainstream.
I like this idea for someone that is in a country without access to global stocks. I would still prefer stocks if you have access.
Yes the same/similar could be achieved using 3x leveraged stock funds, blend TQQQ/SPXL/MIDU ... etc.
I believe you are not allowed to buy bitcoin in places like china though?
Yes, banks and governments prefer your money to be theirs, just a allowance granted to you that could be removed. Deposit cash into a bank and that becomes the banks money. Buy a stock index fund via a broker and that's registered in the brokers custodian name. Physical gold/silver and/or bitcoin private keys are your assets. CBDC's commonly have code/functions that permit god-like control along with time limits i.e. enables states to confiscate at will, control what you can or cannot buy, can even set time limits within which the 'money' has to be spent. Crypto's that are distributed networks, open source code and private keys based is a direct alternative/competitor to otherwise state controlled forms such as CBDC's.
It looks like you would have create the index yourself by buying all of the crypto right now? I wonder if a crypto token could be created that contains the index somehow without counterparty risk?
If you want to have the keys in your own possession then you have to directly own those. Like the Dow 30 stock index when trading costs were high many opted to adopt a 'sampled' approach, selected perhaps just 8 holdings and often the progression of those mimicked the total set of 30. As soon as someone else creates a fund of many holdings then they'll be regulated in a manner where the keys (ownership) is no longer yours. A token where you held the private key and that was backed by a 'index' of other tokens according to some rules/method would resolve that issue and perhaps is a product that sooner or later may become available.
In terms of concerns about counter-party risks a asset allocation such as 14/43/43 index of 3x stocks/gold/T-Bills might suffice, physical gold (and/or physical silver) in your own possession, T-Bills in your own name, predominately just 14% counter party risk via the 3x stock funds - where alternatively the 14% could be comprised of both crypto and 3x stock funds ... or even just a mixed bag of crypto alone.
https://www.portfoliovisualizer.com/bac ... rWrjzMyWHo
