> You're talking about a 10000% return on investment. > There is no investment in human history that works like that.

Sure there is. Just none that is not also extremely likely to fail.

The obvious example would be a lottery ticket.

The whole VC industry is based around the idea that there are 10000% return on investment deals to be made..

Berkshire Hathaway has returned about 800,000% since inception.

Oracle has returned around 80,000% since IPO. Dell, Cisco, Microsoft, AOL, numerous others all pulled a greater than 10,000% return post IPO.

Las Vegas Sands managed around a 7,000% return from the 2009 bottom to recent top.

What do you suppose Andy Bechtolsheim's $100k check / investment into Google returned?

There are in fact plenty of examples in recent history of extraordinary returns on par with or far exceeding that 10,000% level.

ummm, well bitcoin has done that. At one point you could get a thousand bitcoins for a $1 then it was 1 bitcoin for a $1000. So a return like that is possible and it has been possible in the last 4 years.

I am not saying it is rational I am just saying you are wrong :)

Bitcoin has gone up 1000% every year, and 10,000% last year.

Also, every successful startup ever has had those kinds of returns at some point. So I suspect you are only considering traditional or stable investments, like post IPO stock or whatever.

> There is no investment in human history that works like that.

Satoshi may disagree with you