Goldbugs in disbelief
STRONG OPINION:
Bitcoin has clearly entered the global Store of Value phase.
US magacap technology stocks will slowly lose their SoV status (which they’ve enjoyed since 2009) over the coming 10-15 years.
Everything that is good for gold is 10x to 100x good for bitcoin.
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Discussion
Not to nitpick, but I think that life will be pretty good for gold bugs for the next 10 to 15 years.
It will just be exponentially better for Bitcoiners.
It probably won’t go well for US tech stock and bond bulls.
What about Bitcoin Treasury companies?
Those that have the ability to shift their strategy once Bitcoin cagr decreases will benefit enormously. E.g. I expect Strategy will use it's huge holding to become the world's Bitcoin bank. Unless another company gets their act together soon, it could be a Saylor only show. Looking at you, GameStop... 😁
Wow Jeff, you really went out on a limb here
Mag7 will be demonetized by #bitcoin as capital flows to the best option over time. People need to stop normalizing 7% public market returns that match money supply increases and focus on real savings with Bitcoin
It could go well for everything except Cash and Bonds